The previous day’s close for UEC stock was $6.07, and it opened slightly lower at $6.06. Throughout the day, the stock experienced a range between $5.93 and $6.09. The trading volume for the day was 7,439 shares. The market capitalization for UEC is currently valued at $2.2 billion.
When examining the company’s earnings growth, it is evident that UEC has faced...
Is this a breakout for Canalaska? No retest of the channel yet and over head resistance at 0.67 and 0.84. In support: over 4x average volume on week commencing 25th September and a higher pivot high compared to Jul 22.
WARNING: This is not a recommendation to trade. Do your own research and decide your own trades.
As part of the green wave (B), physical uranium recently experienced a small setback, but the short-term upward structure remains intact. We need to give the upcoming corrective rallies more room to the upside, which should be followed by a strong sell-off in the course of the green wave (C).
Uranium ore trades is at records highs, as several hedge fund managers are expanding their allocations to uranium stocks, with a conviction that an increasing embrace of nuclear energy as part of a "green" future - along with geopolitically-rooted ambitions to reduce dependence on Russian oil and gas -- means the trend has a lot of room to run.
On Wednesday,...
Long scenario for Cameco.
Fundamentals:
Second biggest Uranium producer in the world. Based in Canada. While Russia (on Position 6 ) and Ukraine (Position 9) are fighting a war + sanctions against Russia.
TA:
Could see something like the orange arrow happening. A far safer approach would be to wait for a break of Level 1. However as i´m willing to hold...
$DYL.ax ASX:DYL
DYL trading above yearly open and weekly open. Also sitting above Weekly Mid range. Once Mid Range holds looking for price to move back towards range high.
Targets
Quarterly Open
Weekly range high
#uranium
This is not a bullish chart BUT....
Its a Uranium Explorer, which makes its extremely volatile and prone to huge price movements just like back in August 2021 it moved 430 % in 5 weeks. Explosive,
At the moment 2021 Yearly OPEN and the 2022 Yearly low are CAPPING the price action. This level has acted as an S/R level 6 times on the weekly TF and is being...
...I cannot rule-out one final macro-decline wave towards support area 25-20.
I like the impulsive move from Mar. 2020 bottom towards Nov 2021 top, that had almost perfect match with the key Fibonacci retracements. Especially notice how Nov top at 51.75 coincides with 1.00% ext of wave (1) projected from wave (4) and near first key resistance zone of 1.764%...
With COMEX:UX1! spot prices surging by nearly 50%, the performance of NYSE:CCJ has been nothing short of remarkable since it broke out of the wedge pattern in June this year. A significant increase in trading volume further exemplifies this rally.
As uranium spot prices continue to show potential for further gains, the question arises: can NYSE:CCJ ...
Yellowcake Plc - OTC:YLLXF - $6.64 ps
- Potential Ascending Triangle with breakout
and a re-test of underside support
The beauty of all of these stocks is that the ETF has broken out into an upward trend and now some large and smaller Uranium miners are also breaking out with similar patterns of pennant breakouts and ascending triangle breakouts. We do...
Sprott Physical Uranium Trust - $SRUFF
Chart Really Speaks for itself
A nice ascending triangle with ideal entry opportunities for the patient.
Will follow up if we trigger and ideal entry
PUKA
URA in a 3rd wave and could possibly have topped here at the 28, but it also could be setting up higher for a 5th wave finish 32-36 area.
When I first looked at it, I saw the possibility of a great buying opportunity in the $14-16 area if things break down.
Right now I think we need to hold the $24-22.5 area to keep this bullish move upward. Otherwise the...
PDN macro log chart massive broadening falling wedge patten. Technically this has a price target of $10 plus..
This is shear hopium chart designed to induce fomo at the highest level,. haha But what if????
#uranium
Uranium ETF (URA) is firing on multiple indicators today after news of House committee approving bill to ban Russian uranium imports
- MACD Cross on weekly chart
- OBV continues upwards trajectory
- Pennant forming above 200 week SMA
- 0.618 fib level is $45 (100%+ opportunity
In a post on Silver from June, I analyse that a run to $33 is on deck:
Silver - 33 Moons And An Options Opportunity
In the time that has passed, we've had two ~10% bounces that have been sold off.
To me, this is a peculiar pattern for a trendline play that leads to new lows in the immediate term future, and represents confirmation that $33 is on...
The Uranium Miners ETF has now reached the level where we expect the top of the magenta wave (b). Based on this development, we expect the wave to end and transition to significant declines, which should go below $24 and end the turquoise wave 2. If, contrary to our scenario, we see a rise above the resistance at $41.23, our alternative would activate with a...
