Strathmore Minerals STM


I mentioned quite some time ago in a previous posting on uranium futures here at BestOnlineTrades that I felt that they were close to turning the corner and that we could start to see some decent moves up in the uranium sector.  Well here is a brief update.  Strathmore Minerals has broken up out of its falling wedge and given a short term bullish indication.

Uranium futures continue to have a bullish stance although the monthly chart of uranium futures have not changed too much since I last wrote about it.  These uranium miners from what I have been able to observe are a pretty slow moving sector as a whole.  So Strathmore may be more of an intermediate to longer term type play going forward.

Posted in Commodity Stocks, Online Trading

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