Uranium ETF on Fire!Monthly log chart. Zoomed in on bottom formation, which is having first violent explosion out of base. This is setups to look for... Longby Badcharts114
Uranium bull marketThis is the URA ETF containing a basket of uranium stocks, so I like to use this to analyze the uranium sector. Some may be disappointed that they have missed the bottom, but I think there is much room to grow based on the historically low price levels. As for URA we can see that it has broken an inverse head and shoulders making very important pivot point on the graph as a first higher low as well as surpassed previous lower highs, making the start of an uptrend a very high possibility at this point. Looking at URA/XAUUSD we can also see that more money is flowing into uranium compared to gold making this a likely lucrative investment in the long term. We can see a similar story ,where an ihns has matured and previous lower highs are being surpassed making it very likely for an uptrend to form on this graph to form, meaning more money may flow into uranium in the long term. I believe there are many fundamentals at play as we are trying to lead to a more green future, companies are more incentivized to to be net carbon zero or less, especially s the government introduces carbon taxes. This is great for the renewable sector, but I feel that uranium is a much better value play at this point. Here I am comparing URA with BEP.UN, one of the strongest and best performing renewable tickers out there and we can see that it is at the cusp of a breakout as indicated by the increasing volume and being right at the downtrend resistance. We can see bullish divergence on the RSI , MACD and increasing bull volume. My argument is that, when it comes down to it, as population increase, energy demand will increase. Moreover, the world is getting richer, so as the GDP across the world increase,, those same working people will want a taste of our life style, leading to even more energy demand. As of now, the renewable energy we have today is not likely to sustain the worlds energy demand, and so in order to meet with the worlds energy demands while trying to maintain a lower carbon emission I believe uranium is our only option as its the most practical and energy efficient solution. We are moving towards an EV future and so even while EV is "green", it is only as green as it's power source. I don't have numbers with me, but I'd imagine when EV cars are the norm, we'd need a significant amount of energy for the charging stations required to charge EV's, and I don't think solar, hydro or wind will be sufficient. We can also compare uranium to the price of oil using this URA/HOC chart. and we can see that it has broken out of this channel for a retest forming a higher low. It is a little unclear compared to natural gas, but the good news is that the downtrend has stopped. But in short, I think uranium is a great buy and hold for the long term. Tickers I own are CCO, EFR, and FCU, there are many other great tickers, but to my knowledge, CCO is the safest one of the bunch. I have read that in the previous bull market the worst performing ticker at the end of the bull market had 22x upside, so with inflation , the falling dollar, and money flowing into uranium compared to gold and other energy commodities uranium has a bright future ahead.Longby gNnairdA1
Power Up WorldWith the Vaccine soon to be Online this Chart is looking Fantastic. Covid Has put a Hurting on mines and production is gonna be in Full demand The worlds Power plant are in Great need Uranium. So with some Volume Short term and long term Macro Chart Look like they are Warming up double Bottom cup Formation Handel to Lift off like to enter somewhere near 12.60 on volumeLongby CbnycUpdated 332
inverse head and shoulders?We have introduction of some legislation that's bullish for uranium https://www(.)world-energy.org/article/13903.html We also some pivot points that seems to resemble an inverse hns. at the recent local bottom we can see some nice wicking action onto the 2 week chart indicating some decent buying pressure. Currently price is sandwiched between the 55 and 21 ema and the area between the 2 EMA is getting smaller and smaller indicating a bullish crossover is likely. A good time on the macro scale to start building a position for uranium from a fundamental and technical point of view. Breaking this neckline would be good confirmation.Longby gNnairdA1
URANIUM BULL/BEAR TARGETSIf it falls below 10.50 it will correct more. If it goes over 11.75 buy for sure. Longby arama-nuggetrouble2
URA - Uranium - Future?Either the lows were made or will be made soon.. Real indicators yet but at times, move it on your hunchby ABFX6Updated 111
URA atl reversal play Trading on the D/W On the weekly: -major support has been $10-12 since early 2016 -in july 2019 price broke down from this range(covid market crash), and solidified 11.50 as major res -has since broken above 11.50(also the 100w), the retest held, and carried higher On the daily: - jul 15 2019, price breaks above r11.50, and all MAs (50,100,200,400) -MAs are converging on one another for strong support Entry: 11.99 Market open 08/26/2020 Stop loss: 10.88---below all major res/ma on week/day TP1: 14.20---sell 50%---URA tends to have short fakeouts above weekly MAs, 14.20 would be slightly above 200w ---move SL to BE or below relevent key levels TP2:15.40--- sell the rest unless stock still has good techs--- 16 is a key res TP3: moon, will move SL to appropriate levels as stock moves higher Longby Martinillo1
Uranium is on the watchlist!...wait for the breakout! when this happens we have a lot of upside to come!Longby Lion2472
$URA - V- Shaped recovery and then someUranium ETF has had a strong recovery and is now back above resistance. by Trad3r_165
URA Medium term trade 45% profit targetPrices of Uranium equities are cheap in general, so its a good long term investment. For the medium term, im targeting 17.50 (my entry point was @10.8 but I still think 11.9 is a good priceLongby abdullamg2
Beautiful Setup !Global X Uranium ETF is starting to outperform commodities.. finally! This one not to be ignored in my opinion.Longby ControlPanel1
Prices for Uranium: it could be the the trading idea of the yearShow me the money! June 22, 2020, by Vladimir Rojankovski, Grand Capital Chief Analyst Prices for Uranium are soaring. In just the last few weeks, the price of this clean-energy metal — or yellowcake as it’s commonly referred — has skyrocketed by more than a third from $25 per pound to over $33 a pound! Investors are lining up for gains. Moreover, it could be the windfall of a year lifetime. You see, when Uranium prices rise… they do so in dramatic fashion. The last time we saw something like this — the price of yellowcake skyrocketed all the way to $140 per pound… with well-timed investors raking in 10-fold, 20-fold and even 30-fold gains! It is possible to gain exposure to uranium growth through its only ETF with a ticker URA at current price around $11.by VladimirRojankovski9
Uranium; Strange times inbound.Strange times. As seen on my previous post (the DJI middleclass wipeout imminent), several predictions are coming to fruition. I am currently wondering what is about to happen as I cannot predict world events. I did expect the Dow Jones/NQ to top out, which currently is in play. The reason that a virus would be the catalyst is obviously a prediction out of my control. However the timing seems incredibly odd. Anyhow, it seems most commodities are a safe haven (including cryptocurrency, watch and learn.. post will follow) this thread isn't about all of those, but something particularly worth mentioning; Uranium. Now, what Uranium is used for is up to you to google. But according to this chart, I expect enormous world event(s) to occur solely based on a chart. I may be right, I may be wrong. This chart however has convinced me that a huge play is inbound. In my point of view, big parties have been suppressing the price of Uranium constantly; testing previous highs continuously (flushing all shorts in an old-fashioned way). A final shakeout move has been executed recently, and since this chart is one massive shockwave, big moves are bound to happen very soon. Watch and learn. See you in the future. Kind regards, Gabriel MolenkampLongby GABSBY11
Uranium (URA) projection. What do you think?AMEX:URA Uranium projected analysis. Public opinion. Longby investinfamily3
URANIUM ETF Cboe ( $URA 1M) uranium prices can go nuclear !One random stranger on internet (John Polomny) said that uranium commodity price is ready to begin a new cycle I agree. Those of you that follow me knows that I like to buy things low to sell them high. I can’t speak for the spot price but today I will give my view on the Uranium ETF from CBOE. This particular ETF is in a monthly downtrend since 2011 which culminate in JAN 2016. From there we can se the beginning of a bullish divergence on the monthly RSI and a significant uptick in volumes in JAN 2017. From there the price slowly decreasing while volumes are also decreasing in a structure that I speculate can be read as a falling wedge . I must agree that in first look at the structure it looks like a descending triangle but to me (in retrospect) it makes more sense to draw it as a falling wedge due to the volume signature during the pattern. falling wedge can be meet at the end of a trend either as continuation pattern or as reversal pattern depending on the direction of the breakout. Breakout if bullish should be characterized by huge volume and of course huge green candle We are still to early to begin to talk about entry point, targets and stop loss. I’m first waiting to see a clear breakout + monthly trend reversal (higher lows and higher highs) but I will definitely keep a eye on this. As time goes by, I will keep you updated on the evolution of the asset, so make sure to follow me on Tradingview Disclaimer : This is not financial advice as I’m not a financial adviser. This is just my knowledge on what can be said from the chart. Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis. Everyone is wise to manage their risk properly when considering any trading decision or activities. PS: I cannot emphasize enough the risk associated with the activity of trading ETF due to the imaginary nature of all paper contracts, the reason why I prefer mainly trading cryptocurrencies instead of more “traditional” assets. On the other end without total systemic collapse it can quickly become a good trade opportunity . by DecisionDoji7
COLD WAR 2.0 / WW3 / NUCLEAR HOLOCAUST investingThis is what a market bottom could look like. Currently some nice rsi bullish div. Looking like it is in a bull flag. Appear to have had our capitulatory move. Fundamentally speaking we are working our way to the end of the world so we can see a catalyst like a nuclear arms race or world war breaking out. Is this chart the hourglass for humanity? If we break the green line and can close above $11.74 this is my buy signal and the hour glass will begin. Stop loss will be if we break the low at $10. 10% risk for possible 10x reward IMO. Significant levels are the white lines. Doomsday clock in a chart. Like and follow if you don't wanna die. G-D HELP USLongby ceesounds225