Bit pumpy-dumpy. A colourful FA story. OIt's dropped ito a ?symm wedge or desceending triangle on the 1-15min time scales BUt zooming out, may dosome more dumping/retesting, but those VWAPs should be a floor even if it pulls back lower at 21-22c.
rapid backtest has sent the RSI70 SOARING Backtest back to the VPVR and wasteline of the bullflag See the UX price arcing up with teh CCJ: UX Nice entry? If you look at the chart, I'd think so.. just want a smidge more conirmation of current local stucture. I'm LT HODL CCJ LEAPS so...
Nice ledges there and setup for a bullflag on the BO line. gaps down nice and bullish. Clearing teh decks of sellers so FOMO can take over again.
Channel defined. Now we're pulling back. ?how far. BUt there are a few ledges there tha are likely seeds for a bullflag/h&s to sprout from. Expect a pullback to the mid-channel line.
breaking down, bounced off the cup and handle rim. Now putting a handle on a local cup. Bouncing between a core of VWAPs and the rim. Another 10-15% to shed. Est ~6-10 weeks of bullflag, depending on the U price.
what do you think of CCJ by mid october..november-ish? i think (for now) a continued down trend. not sure about 18 but... seems my earlier prediction might come to forreston. ~link below~
what do you think of CCj by mid october, novemberish? i think (for now) continued down trend. i charted this head and shoulder pattern before break out, link it below. var tradingview_embed_options = {}; tradingview_embed_options.width = '640'; tradingview_embed_options.height = '400'; tradingview_embed_options.chart = 'fFJ3VWfd'; new...
New support line formed on today’s close. Price bounced off 3.44 and closed into a bullish 1W hammer.
Expect $10 then pullback or slight retrace to $7.06 70% bullish 30% bearish
A few moves left? It's opening at the MM target again! Can only come back?? Glad to see a structure to play with now, so its tradeable in my eyes. Maybe this? Or could shoot even further up the shoot. But there is an apex there. WHether it explodes higher or what.. we have a scaffold to guide us.
We like the uranium play and we are doing it through Cameco. Sell target at 1.618 Fib level. We are not early to this play, it has been underway for quite a while. We may be approaching the top, but we want to squeak a bit more out of it. Other plays are the Sprott Physical Uranium Trust and URNM . Fundamentally, Sprott is cornering the physical market. ...
Model Forecast for Mega Uranium Ltd.: - Model has produced a Line of Least Resistance. - Mega Uranium Ltd. is a uranium mining and development company which explores for prospective properties primarily in Australia and Canada. - This is a second wave "junior" that has been in existence since 1990 with a promising balance sheet. - We believe that a macro turn is...
EPM has been in an uptrend for a while, while the most of Uranium stocks on the ASX gapped up today. This stock has been in an uptrend and is at it's 52 week high and volume is higher than previous days
Next check at 3.44. Then 9-year ATH. Next zone based on 19 years would be near $7. Whole energy market is in a Bull cycle.
Lots of talk around #uraniumsqueeze going on in WSB and fintwits. I did get a position in $UUUU myself last week since the price action peeks my interest. Did a little bit digging, and this run is said to start from Sprott, a fund that started buying physical uranium thus jacking price up. I've been looking at history of commodity prices like $GOLD $SILVER etc....
Uranium indications are bullish and signalling a strong reversal from a long-term downtrend.
This is a simple story of clean energy and a Canadian firm Countries such as JAPAN, THE USA, RUSSIA, UK, and FRANCE pushing for nuclear-produced hydrogen. Nuclear power demand raised from 2% to 2.6 which supply capacity is expected to shrink through 2050. If you have been following the Uranium market by now you probably know of Sprott asset management active...