URA ETF is close to second level breakout daily chart shows a breakout already. monthly chart is at resistance but can move higher in the next month. Cup and handle pattern has formed on the monthly chart. Electric cars will need to be charged and BYD is going to overtake Toyota and Volkswagon in the next decade. While the empire was busy occupying, China was...
Looks like a short setup but based on experience It's a trap. Long on this one.
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...
Chart trading can be done on ANY time frame. Just understand the pros and cons associated to each. Meanwhile, uranium miners trying hard to vacuum back up! #cameco #ura #uranium #miners
The #uranium rocket ship has ALREADY taken off. daily log chart.
with supply limited and regulated investors in RADiOACTiVE Marterial shall be rewarded big time developing nations are running out of coal and oil being regulated to the highs by Russia and Arabs make it difficult for new nations to keep up with demand for energy
As evidence suggests Uranium miners are going to outperform uranium in the future with huge implications for their individual ticker prices.
MOEX:BR1! Brent Oil Head & shoulder pattern forming although pattern is not yet complete. we need to see how the right shoulder is forming and a break below 73.50 will trigger the head and shoulder breakdown. But i guess OPEC wil not let it come this far and tighten their production before this.
Many patterns here that just seem like pressure and consolidation has popped and overall bull trend is about to resume...
Uranium showing a lot of strength following this break of the key 27.5 level. Growth stocks will need to generally recover here to have a chance.
High time frame perspective. Down trend unwinding complete. Basin formed and resulted in capitulation wick. Reclaim range low level = good. Descending triangle resulted in bullish breakout. Bias is northward.
URA 2023-1025 Long 50EMA > 200EMA Price Above 50EMA Minor Resistance Breakout
The blue bar projection is less of a prediction and more of a possibility. It is the previous primary trend decline flipped around but equal in price and time scale. URA experienced a long term primary down trend since opening for public trading. From 2016-2021 the primary downtrend turned into a multi-year basing, which was broken out of bullishly in 2021 and...
URA in a 3rd wave and could possibly have topped here at the 28, but it also could be setting up higher for a 5th wave finish 32-36 area. When I first looked at it, I saw the possibility of a great buying opportunity in the $14-16 area if things break down. Right now I think we need to hold the $24-22.5 area to keep this bullish move upward. Otherwise the...
I am super bullish on AMEX:URA medium and long term but believe the share needs a pullback to back test the breakout, complete the wave 4 before going nuclear on wave 5. Note the divergence on the RSI - lower lows lower highs - and MacD flattening. I expect a fairly shallow pullback to the 0.38 Fib at $24.78
Uranium is following a bullish trend. Eurpean Union defines Nuclear Energy as Clean Energy in terms of CO2 emission. Technology Companies are contracting Nuclear Energy due to their high level demand for data centers. Hedge funds are investing in Nuclear stocks and ETF. Cameco Corporation, Canadian Company, is under real production. Saudi Arabia is pushing...
"📈🌐 Watching Uranium like a hawk 🦅! Monthly trend is pointing North 📆🚀. All indicators are singing 'Buy, buy, buy!' 📊💹 Long-term bias? Locked and loaded 🔒📈. #Uranium #Investing #LongTermGains"
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...