#Uranium fighting hard to regain momentum vs #Spx, trying to end its correction. Remember, once you realize you are in a correction, you can either: 1) Stick around and hope it resolves upwards 2) Exit and let the dust settle The second option is NEVER wrong.
Has performed better than expected as it pushes on up. Now stretching for my next Target from the 'Bowl' Pattern B/Out which is at $118. I am using the Wkly 12/SMA on the Uranium ETF URA (Not shown) as a warning guide for when the sector may experience some corrective action.
Macro capital flows influence the individual price charts more than you think! Below is #Cameco's price chart. Largely carved out by #Uranium's capacity to out perform #Inflation.
Solar, wind and hydro are not practical replacements for fossil fuels. Nuclear is, and U308 price is starting to reflect the sentiment shift toward the cleanest of green energies. The Fukushima incident created a selloff in uranium for nearly a decade, but the trend has since reversed. Uranium price has been in a healthy uptrend which began in 2021 with price...
#Uranium itself, is inches away from another breakout versus #SPX500
Even the #uranium metal is looking to challenge for a breakout... Who else is seeing this?
Uranium Long term Hold Futures Commodity USA #debadipb #profitsolutions
Uranium world dont have war for now. so downtime for that commodity.
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.
it might cool off next year, i wouldn't suggest investing in uranium and thinking its a long term growth opportunity. stick to facebook, amazon, bitcoin, or google
Who is watch #uranium right now? Bullish construct for #u3O8 versus #spx on weekly log chart. Expecting a +27% out performance. #uraniumsqueeze #fintwit #northstarbadcharts
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Uranium bullish short-med term, energy is bullish in general and likely to continue as inflation bites Short term target not far away...
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...
Monthly renko, perhaps a right shoulder? See how the world turns , maybe we have to go back to campfire to heat and cook,
For all my Duke Nukem friends... uranium futures very beautiful rac can lead this to much higher grounds.