Cameco $CCJ structural trend change. Uranium stocks look set to outperform the market.
I was hodling URAnium for a long and now we are looking for a nice entry, we had a nice looking 9 on TD sequential along with fib retracement, now we are with 2% handicap already for the daily entrance but I guess it is still ok given R:R ratio
-RSI looking weak telling us this sell off is not over -MACD about to cross below MACD signal line signaling a continuation of downtrend as we stay below 50 Day Moving Average Safe Buy Zone at long term support 11.60-11.75 This is my first published idea :) If you have any criticism or other ideas please share in comments
After a savage bear market for Uranium. Things are starting to look up fundamentally, and technically. Waiting for a strong break of the trendline to confirm. In this one for the long haul. 2019 will be a great year for the Uranium sector
URA Back in the buy zone and it will only be there for so long. Get it while you can.
Looks like the bear market for Uranium ETF will be over soon. The price of URA has been in a bear market since 2011 with a high of $130 losing about 90% of it's value dropping as low as $11.25. On October 2016 it started a small rally that ended with a shooting star candle with the 150 Weekly MA acting as resistance at the price of $19 Top. Since then it has...
Big play on Uranium. This company owns massive Uranium and Cobalt deposits (Cobalt is needed for electrical car batteries) Company just got funded for another 18 months, which I think is long enough before the coming Cobalt/Uranium boom (at least one of them if not both) 50-1000x play here.
Fundamental - uranium has declined in price from its inception because of simple supply and demand. URA has now been in a consolidation pattern since 14 Oct 2015. Supply have meet demand in the zone of primarily 11.57 to 16.31. The bullish bias comes from uranium miners first making profit when price reaches 20. Therefore some uranium miners have been shutting...
Sitting at support waiting for you to start accumulating. Uranium is a long term play, I'll hold for 10-15 years. Lot of FUD surrounding nuclear, but that will change eventually. I'll be patient.
The pattern will continue to form, if it breaks below lows, we sell, looking for a buy pattern in this oversold etf.
Pay attention to Uranium futures, correlation is obvious but right now we have divergence which should be reduce. UX1! is very bullish. We are 90% down from the top, descending trinagle ends in december. I think this is a good moment to get in. SL -10%, exit in case of second Chernobyl disaster. Peace. RF
This uranium ETF has hit its multi year support again. Long on the next 3 day high $UUUU $UEC $CCJ
Charting uranium is fun. Listing around 130$ per, began to drop, respecting that best-fit line all the way down. Ranges, ranges, dropping until we bottomed out, and have since been accumulating. Fib extension matches perfect w/ a range I drew, RSI bouncing off support trend. Not sure as to why we'll see 45$ again fundamentally, but the chart says it looks good.
Uraium consolidating nicely at the 2 year highs $URA $UUUU $CJ $UEC
Uranium ETF showing a nice consolidation in price. good r/r here, waiting for ultimate break out over 16.50 $URA $UUUU $CCJ $UEC
Uranium price is slowly taking off so this ETF should as well