Denison Mines is breaking out of its 12 years range on massive volume. The huge demand for clean energy, particularly with AI's exploding growth and needs, means a lot of positive news coming for the nuclear industry. Coupled with the devaluation of developped markets currencies, this could propulse DNN much higher. Next resistance is the $4 area, then there...
OTC:GLATF TSX:GLO 's counter trend downward broadening wedge is testing its breakout. Fundamentally, the coup in Niger has kept this near term #uranium producer back, but it's time to catch up. We're looking at a 155% measured move based on the bottom of the wedge to the top. The time frame here is generated via the falling wedge's staff overlayed at the point...
Sprott Physical Uranium Trust $SRUFF ✅ 41% increase since entry @ ascending triangle breakout 🎯 Target remains 0.618 Fib Ext at $30.00 ❌ Stop Raised to $20.00 guaranteeing 23% profit I may exit this trade earlier if diagonal is breached. Had a much larger entry planned for green zones, never happened. Thats ok though, thats why initial position size...
New uranium find has pushed Canalaska up 50% in a day. Wow! Downward trend channel formed in April 2021 and almost 3 years later it has broken out, pulled back and now rocketed with volume. 0.85 therefore seems achievable and 1.54 all time high could also be possible. As ever, this is not a solicitation to trade. Do your own research and you decide all aspects...
UROY basically sells rights to mine uranium for a percentage of the production. It is a penny stock in the nuclear subsector of energy which is undergoing a renaissance in this era of fossil fuel addiction detoxification in the context of climate change remediation agendas. The 240 minute chart shows a parabolic move in mid January followed by...
There is a lot of power in this chart. I look fwd. to seeing if it can stay within this cup... and if so, how high?! Fundamentally, it's looking very strong!
Breakout for Canalaska CVV Backed by big volume too Next resistance 0.86 and then 1.52 Wait and see if it can break to new all time highs in the coming years. All depends on Uranium futures and the company's performance.
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,...
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.
Paladin Energy Ltd - OTC:PALAF ✅ 25% increase since first shared. ✅ Red Circle pattern may repeat ✅ Above 200 MA ✅ Breakout of Parallel Channel 🎯 Target here is undefined, the plan would be to ride the 200 day until it is definitively broken. I have not entered this trade yet but considering an entry at the 200 day SMA at 0.66c for a small position. This...
Uranium ETF - $SRUFF ✅ 45% increase since entry at 200 day bounce ✅ Pennant Breakout confirmed trend 🎯 Target remains 0.618 Fib Ext at $45.00 ❌ Stop Raised to $26.67 guaranteeing 27% profit (Stop placed here as it is the most recent higher low and should remain intact for short term trend to remains valid) Hope this simplifies the...
just some coloring.. could we sell our charts as arts? okay, kidding. i like CCJ..check out the 9/17 calls 28 strike and the 10/15/21 28's (really anything between $20 and 32ish) Price prediction. IMO. is bullish. Do i think this exact thing will happen? ..not at all. i just wanted to draw but its making stops and hitting locations just like before. trade safe...
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...
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...
Paladin Energy Ltd - OTC:PALAF - $0.65c ps - Break out and re- test of parallel channel looks like a repeat of a prior move (Red Circles). The beauty of all of the four Uranium stocks ive covered 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...
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
Hi Guys! This is a Technical Analysis Update on Sprott Uranium Miners ETF (URNM) on the 1 Week Timeframe. URNM was able to BREAK Above the 2 year Resistance line and close Friday with a Strong body candle close. It was accompanied with a VOLUME SPIKE, which shows follow through and supports price action. This is the 1st step in attempting a Trend Change. 2nd...
FIB-PriceZone Measured from the start of the first wave, could point to a top 2027?