Uranium 2019 Long -huge 2017 accumulation -in accumulation zone -in 1/1 gann fan area
Lets keep it simple! ish.. A few things to note about uranium... One of the most over looked assets. Most energy efficient source. With crypto currency mining, and other increases in electricity use, will increase demand for alternative energy. (isn't that what everyone's striving for? alternative energy?) Look at this beautiful chart, bouncing at the bottom...
Alright lads. Take a good look at this bad boy. Long City
CCJ looks prone to a volatility spike to the upside. It could finish the year closing in on the multi year downtrend resistance level.
URA is bounce of a 4th bottom on the weekly at that price line. Long via uranium related companies. Could be a new trend starting with fundamental aspect of decreased output of uramium in Kazakhstan.
Long set up on the weekly on this uranium stock. With uranium at multidecade lows and production cuts this could be a great r/r once it breaks above the downward trend line. Weekly 10MA above the 30MA
Hop into the train before it is too late. Probably the monster trade for the next 5 years.
IF you are long Uranium stocks or ETF tighten stops
Technical view on the weekly chart. We can see how prices are now trading above its 50-EMA and seems closing above the 100-EMA. Next target and probable resistance; 200-EMA near $22.20/$23.50 level.
This may be the key resistance break Uranium investors and speculators have been waiting for. The entire Uranium sector has been one of the saddest beaten dogs I've seen in a while - wrecked for years after Fukushima...That fakeout in early 2017 was brutal for top buyers. All it seemed to take was CCJ shutting a mine down recently to light a fire under this dead...
Uranium breaking out of 6 year bear trend... and CCJ looks set to bounce
I was looking for a Nov 15 low..... but looking at the price action it may have started to move up.... 10-30-17 swing low was looking good also.... Big buyers are showing up Gann Analysis
I don´t think there is a sector that is more hated than uranium. Everything looks very bleak. This is a true contrarian bet. I`m using Cameco as a proxy for the uranium market. As you can see in the chart, this might be the first time in the last 5 years that the uranium market is going to make a higher yearly low. The entry provides a great R/R as one can set...
URA is forming a very nice uptrend. Moneyflow was diverging & now broken to the positive side. And on the weekly frame it seems it has huge upside potential. * Trade Criteria * Date First Found- July 13, 2017 Pattern/Why- Fallen angel type Long Entry Target Criteria- Break of $13.77 Exit Target Criteria- 1st Target $16.93; 2nd Target $23.73 Stop Loss...
Harmonic bullish bat pattern in uranium price recently. Plus 10 year GANN cycle completed on June 30, 2017 exactly 10 years from the previous peak at June 30, 2007. So a harmonic bullish BAT pattern and a 10 year GANN (the greatest trader who ever lived ) cycle on June 30th ? I will take those odds any day. I am no expert in GANN, but these confluence of...