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CincyMike

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CincyMike

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Thursday, 10/06/2011 9:11:53 AM

Thursday, October 06, 2011 9:11:53 AM

Post# of 52591
URRE !!!!


http://www.americanbulls.com/StockPage.asp?CompanyTicker=URRE&MarketTicker=NASD&TYP=S


Possible Bullish Engulfing Pattern Detected for Uranium Resources (NASDAQ:URRE)


21 hours 30 minutes ago - Financial News Network Online - News Corner


Analyzing the price chart for Uranium Resources (NASDAQ:URRE) has revealed a potential bullish engulfing pattern. Yesterday, Uranium Resources traded 1.4 million shares vs. average volume of 1.1 million shares per day. The company traded 1.6 million shares on Monday. Heavy volume increases the reliability of this bullish candlestick pattern. Uranium Resources has overhead space with shares priced $0.70, or 86.0% below the average consensus analyst price target of $5.00. The stock should find initial resistance at its 50-day moving average (MA) of $1.10 and further resistance at its 200-day MA of $1.96.
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