After The Close, 04 June 2009
Merv’s Daily Uranium Index
Market Data
Open: 184.84
High: 190.27
Low: 182.17
Close: 186.94
Volume: 7060
Note that the volume is an average volume of round lot sales for the 5 0 component stocks. For total volume, multiply by 5000.
This is one of those days with limited time so I’m going to cut it short.
The intermediate term remains unchanged and the rating remains BULLISH.
On the short term the Index has closed above the moving average line and the line has once more turned upwards. All other indicators remain unchanged. The improvement in the moving average info has resulted in an upgrade in the short term rating back to the BULLISH rating.
The immediate direction of least resistance is back to the lateral.
Merv’s Daily Uranium Index
Market Data
Open: 184.84
High: 190.27
Low: 182.17
Close: 186.94
Volume: 7060
Note that the volume is an average volume of round lot sales for the 5 0 component stocks. For total volume, multiply by 5000.
This is one of those days with limited time so I’m going to cut it short.
The intermediate term remains unchanged and the rating remains BULLISH.
On the short term the Index has closed above the moving average line and the line has once more turned upwards. All other indicators remain unchanged. The improvement in the moving average info has resulted in an upgrade in the short term rating back to the BULLISH rating.
The immediate direction of least resistance is back to the lateral.
Full comments on the week-end, most likely Sunday afternoon.
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