ABOUT: This is part of my trading journal, please don't copy anything always do your own due-diligence. URA swingtrade --------------------------- Open: 26.5839 TP: 30 - 35 SL: none
A good time to accumulate for the long term. Many other uranium miners have similar setups. $BSK $BMN $DYL $FIND are very good for long term hold.
SPUT became active mid August 2021. After the initial euphoria that accompanies the introduction of a new vehicle, SPUT seems to track the U spot price reasonably well.
Cameco Corporation (NYSE:CCJ) Sector: Non-Energy Minerals (Other Metals/Minerals) Market Capitalization: 11.562B Current Price: $29.03 Breakout price: $30.00 Buy Zone (Top/Bottom Range): $27.10-$24.65 Price Target: $34.80-$36.00 (3rd) Estimated Duration to Target: 150-160d (3rd) Contract of Interest: $CCJ 9/16/22 35c Trade price as of publish date: $2.55/contract
ptu looks like its breaking out now from a hugebull flagg. if it breaks next target 1.95 before going to 2.55 with a possible blow of topp to 3.60
atom fib extension maybe?? uranium possible road!!!
comparison of OKR OKAPI RESOURCES PDN PALADIN ENERGY PEN PENINSULA ENERGY VMY VIMY RESOURCES UEC Uranium Energy Corp BOE BOSS ENERGY DYL DEEP YELLOW
CCJ's price action seeing responsive participants with alternative energy leading the market amidst heightened oil prices. While key levels on acute time frames are being tested by both buyers and sellers, CCJ's weekly optics present continuous range extension. While price action has begun to pierce a gap previously seen from April 2011, KL of 28.45 would be more...
A long correction period seems over and a bull run could be in sight Uran is also interesting now with the energy crisis
CCJ daily candle closed pretty bearish today, and looking at the two upper resistance lines, I'm favoring the downside trade after taking small gains on my longs. An idea would be to go short with MARC 23 puts. First target is the 20day MA (blue line) , a break lower there and I'd be targeting the trendline support (black line)
Russian forces recklessly shelled a nuclear plant last week. This led to a sell-off over concerns that countries might take a step back from nuclear power. This turned out to be an emotional overreaction. The plant was completely safe, and only an administrative building was damaged. Uranium plays are now available at a relative discount. According to...
looks like my Z wave is playing out for the UUUU here, to understand WXYXZ pattern is to know that a series of 3-3-3-3-3 wave patterns have evolved and they are sideways in the chart not compressed into a triangle which would rule the 3 wave pattern as an ABCDE. Now looking at the stoch RSI and also the standard RSI we can see they are both dropping from over...
I like the idea of going long CCJ April 26 calls or a 26/28 debit spread with more time. Uranium bulls have defended the trendline support and nice volume with technical indicators and moving averages implying more upside on a strong day already today. Stop is below 20 day moving average (black line).
Cameco Corporation ( NYSE:CCJ ) Sector: Non-Energy Minerals (Other Metals/Minerals) Market Capitalization: 9.085B Current Price: $22.81 Breakout price: $22.95 Buy Zone (Top/Bottom Range): $22.10-$20.55 Price Target: $26.40-$26.90 (1st), $28.30-$29.00 (2nd) Estimated Duration to Target: 46-48d (1st), 90-93d (2nd) Contract of Interest: $CCJ 4/14/22 24c. $CCJ...
The SPROTT Physical Uranium Trust TSX:U.U is showing a triangle formation on the daily chart. There is a number of reasons why I am inclined towards higher Uranium prices: 1. Rising inflation. 2. Rising commodity prices. 3. Supply chain problems (although doesn't apply to Uranium that much). 4. Energy Crisis! 5. The world starting to see that Nuclear energy...
POSITION TRADE U.UN (TSE), SRUUF (OTC) Catalysts: The uranium market is in structural supply/demand deficit despite nuclear energy being an essential and growing form of clean energy. Financial players and a utility contracting cycle mark near-term catalysts. I expect both physical uranium and uranium producer baskets to aggressively outperform over the...