Uranium futures are now tightening at the 21 MONTHLY moving average, above the 50 month moving average, and retesting the lows of 2014 and the highs of 2019. This is the type of signal I've been waiting for to pull the trigger.
Here's an example of a small cap uranium miner I like:
John Quakes is a great guy to follow on Twitter if you want to learn more...
SUMMARY: Long, we will see
uranium prices rises for the coming decade, driven by the need for Carbon free energy and the cost of Carbon skyrockets across the world.
Investment is pouring into Uranium projects and demand for nuclear energy is rapidly increasing.
Many new Uranium ETFs are becoming vogue since the start of the year.
Below is link to Carbon price....
Uranium Spot is respecting the arc with multiple touches across the last decade.
At Present Uranium Spot has pushed through the supply demand Zone with is a very positive sign for the Uranium market bull case.
There are two scenarios I see playing out over the coming months in relation to Spot. The Uranium spot prices will either follow Scenario A marked on the...
Uranium looks good!! RSI670 clear of teh structure
0.38 fib coming up , with orange linejust below
I guess we've settled what was noise adn what was a shoulde with teh coloured arcs.
Tie to go up again now.
With the recent jump in uranium price and many people are jumping on uranium stocks and a bit of FOMO is going on at the moment. Surely uranium has a bright future ahead being a efficient and reliable clean energy source, but is this a good buying point ?
zooming out, yes uranium is above it's 6 years high back in 2015 , but if you look closely, it is very...
In the early 2000s, the flooding of the McArthur River and Cigar Lake mines were immediate black swan catalysts that further accelerated the existing bull market into a mania moving uranium spot prices to a peak of $150/lb in 2007. The flight to commodities as an inflation hedge following the Great Recession served as an additional catalyst underpinning the...