Uranium has broken through its multi-year bearish trend in August as it broke the Lower High trend line on the monthly chart. To the disappointment of investors it was rejected just below 30.00 and last week it touched the previous Lower High trend line again only this time from above. If it rebounds on that level, then it would mean that it would have...
The catalyst for nat gas moving forward is Section 232 tariffs on Uranium, the decision is on April 19'
A few days ago I put out analysis on the Uranium miner ETF AMEX:URA . This ETF is probably the best way to get involved in the Uranium price action and stay diversified. But I wanted to take a look at the commodity price, as this will be the driver of new and existing mines opening up and miners increasing their profitability. The price can also give insight to...
UX1! Where is the good yellow cake deals? Technology will be good for next 5 years here, so look at CCJ today for entry signals and pass along your ideas @Pokethebear (I'm not supposed to be here). When will V (Vanadium) get it's own futures symbol, anyone? What's the metrics here, when was last futures metal added? Why do you like and not comment. Not...
Paladin Energy is So. African Uranium miner and chart shows it has not corrected to Uranium futures pricing. Easy to see going up the gap. NYMEX:UX1! WSTRF UUUU NYSE:MGA TSX:URE AMEX:UEC CCJ AMEX:DNN
Pay attention to Uranium futures, correlation is obvious but right now we have divergence which should be reduce. UX1! is very bullish. We are 90% down from the top, descending trinagle ends in december. I think this is a good moment to get in. SL -10%, exit in case of second Chernobyl disaster. Peace. RF
Uranium breaking out of 6 year bear trend... and CCJ looks set to bounce
I was looking for a Nov 15 low..... but looking at the price action it may have started to move up.... 10-30-17 swing low was looking good also.... Big buyers are showing up Gann Analysis
My previous post getting too cluttered now... Still looking to buy CCJ
Potential support around $8 but below that looking at 2002 lows at $2.65
Uranium is no longer a topic of conversation like it used to be. That's a good thing. Average historical uranium prices in the 80s - 2000s was $10 per pound with an occasional low of $7-8. Uranium spot is currently trading at ~$18 per pound. I think prices could easily get cut in half, especially with cheap energy prices. Prices of Cameco Corp imply a similar...