Centruy Energy looks quite goot at this level.
Lets look at the longer timeframe. Stoch RSI looks to turn up.
We are breaking throught the 36M SMA and 12M SMA, as it seems.
Momentum has been reset in addition.
A more convervative view would be the monthly resistance Zone with around 195% upside.
300% sounds unrealistic? - The company was valued the same 2013,...
We had a breakout in October but it failed and is back to chop fest.
Interesting is that Uranium Spot Price so far has a breakout. We will have to see how Uranium Spot Price closes for the Month of November.
Great info if you are invested in Uranium energy equities or planning on doing so.
My one and only take on Uranium & how I like this setup.
The future is green energy but I really believe nuclear energy is going to be the bridge to that future.
I love the fundamentals on Uranium , especially since the war in Ukraine , Europe's new realisation that it has to be more independent for energy and the push for the west to go Green. Its the perfect set up , couple this with supply and inventory limitations the price of Uranium will have to increase over the years to bring on new supplies , ~$70 spot.
I plan...
bullish on uranium and expect this ETF to breakout soon
Support: $17
Resistance I: $43
Resistance II: $100
According to Munro, who is co-chair of the World Nuclear Association’s Nuclear Fuel Demand Working Group, “we are on the cusp of a new nuclear age in which decarbonisation imperatives collide head-on with unrealistic expectations of renewables...
I've had a position in URNM- AMEX:URNM Uranium for about 13 weeks and now and I'm really excited at how well this etf is doing. You can swing trade and possibly long term hold for a portfolio, since Uranium is the future need for energy in power plants and nuclear submarines and other naval ships. Find out all the details on my video technical analysis here! Give...
Wave 2 triangle breakout. Move above the 100% fib would be bullish and confirm wave 3 is in effect
Failure to breach 0.30 and make a new high will see it test the 0.618 extension
Energy Fuels is the leading U.S. producer of uranium – the fuel for carbon- and emission-free nuclear energy. Nuclear energy is expected to see strong growth in the coming years, as nations around the world work to provide plentiful and affordable energy, while combating climate change and air pollution.
Energy Fuels is also a major U.S. producer of vanadium and...
Bullish engulfing forming with the last green candle absorbsing the last 3 candles.
-/ In order for the bullish engulfing to confirm, the next candle must be green.
-/ If not confirmed, price could test the 50 days MA, before accelerating.
-/ RSI and Stochastics are in positive territory and look good.
STRATEGIC PROJECT PORTFOLIO:
-/ 90% interest in flagship...
A resistance or support is like a door, the more you hit it, the highest chance it may break.
Goviex has a huge uranium deposit in Niger.
There is also some political risk as Niger defines political risk.
The stock could trade sideways for some time, but in the mid to long term I expect this stock to do well once uranium prices move higher.
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 2.69 USD
