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...
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!
UROY does royalties foe uranium mining ore to refined et cetera. On the 60 minute chart,
it has been on fire this week picking up 30% in market cap showing explosive volumes
at 5X and sustained. The past two days have been rest and recuperation in consolidation.
The zero-lag MACD suggests there is more upside in the near term with a line cross under a...
UEC is a uranium company somewhat independent of the oil, solar and lithium stocks that
dominate the energy sector. Nuclear is touted as green and not contributory to climate change
with no carbon impact. It pollution or radioactivity is self-contained and isolated with heavy
regulatory safeguards All that said, a few days ago analysts at Eight Capital...
Looking at the chart, we've just formed a high timeframe double top. Unless price can break resistance and confirm it as support, price is heading down.
Based on the structure of the chart, if the midline gets broken at $18, the target of the move should be sub $10. Hitting the lower supports around $6-7.
If we get down there, that should setup a great...
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
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...
Performance comparison between Global X Uranium ETF versus U308 Futures.
One of many Momentum Indicators out there that track Bullish movements in Uranium Sector.
Uranium stocks haven't always been closely-correlated to Futures due to their "risk-on" nature...so when stocks start outperforming when Futures + other confluences are also rallying..
You might have...
If we head higher from these levels, and if we continue upwards, like many other uranium plays at the moment...we could reach a 10:1 RR
Fib-Extension 1.618 is pointing towards 10 $
High Risk High Reward?
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.
300% sounds unrealistic? - The company was valued the same 2011, that`s why we have a confluence of resistance in this area in addition.
One of the Uranium instruments that look quite attractive at...
The typical Wave-2 target has been met.
We have retraced more than 0.618 and as it looks right now we could be heading for the Wave 3. The 1.618 extension would make 300%+ possible.
We have a confluence of resistance in this area in addition.
One of the Uranium instruments that look quite attractive at these valuations.
Hi Guys! This is a Technical Analysis on Sprott Uranium Miners ETF (URNM) on the 1 Week Timeframe.
We are currently in the process of BREAKING OUT of the Major Resistance Trend that started from November 2021.
Just KEEP in MIND -> The candle closes end of the trading week. So if end of week we are still ABOVE the resistance line thats 50% of the work done for...
ERX as shown on the daily chart shows a VWAP band breakout into the mean VWAP
from the lower VWAP lines coupled with a rising momentum on the PMO targeting
72 as the YTD pivot high. Given this is a leverage play in the supertrend shift in a
major sector I see this as a low risk moderate reward potential type of trade
I will take this trade long expecting...
The price of uranium has moved significantly higher over the past few days, approaching the expected high of the turquoise wave 2. As a result, we expect the price to begin a longer-term downtrend in the not too distant future This is necessary in order to form the superior green wave (C), the end of which we see likely just above the support at $12.17. The focus...
We had a small gap that just filled so now is time to look at this as a viable trade. A lot of geopolitical reasons to think Uranium will be in demand, like it or not.
seekingalpha.com
Uranium Royalty Corp is focused on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity in...
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.
