Trendfollowing Uranium stocks | Uranium Mining ETF

Uranium mining ETFs and stocks are outperforming

The North Shore Global Uranium Mining ETF (URNM) is outperforming, on a relative strength basis,  the following ETFs, over a 39 week relative strength moving average:

•The SPDR  S&P 500  ETF (SPY)
•The SPDR  S&P Metals & Mining ETF (XME)
•The Global X Uranium ETF (URA)

After a rally of 93%, with a low on August 19th, and a high on September 15th, the Uranium Mining ETF (URNM) has triple topped, and now appears to be attempting a breakout…The breakout high is $98.48 …see stock chart below:

North Shore Global Uranium Mining ETF (URNM)