UEC is holding up nicely with a bullish structure intact. After hitting ascending support with those recent pivot lows, the charts are flashing some interesting signals—we saw a piercing line followed by a morning star pattern, both pointing to seller fatigue and a potential handoff of control to the bulls.
What matters now is whether those support levels can hold their ground. If they do, we could be looking at the start of something more substantial moving forward.
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UEC is holding up nicely with a bullish structure intact. After hitting ascending support with those recent pivot lows, the charts are flashing some interesting signals—we saw a piercing line followed by a morning star pattern, both pointing to seller fatigue and a potential handoff of control to the bulls.
What matters now is whether those support levels can hold their ground. If they do, we could be looking at the start of something more substantial moving forward.