We had a small gap that just filled so now is time to look at this as a viable trade. A lot of geopolitical reasons to think Uranium will be in demand, like it or not. seekingalpha.com Uranium Royalty Corp is focused on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity in...
Looking at the UROY Uranium Royalty Corp options chain ahead of earnings , i would buy the $2.5 strike price Calls with 2023-1-20 expiration date for about $0.22 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
At support so not too keen to short. Long would be the way to go but I'm concerned with the inefficiency below. Will wait for one of the two arrows to give me a trigger to take the trade. Personally would like the inefficiency filled below and then long. We don't, however, receive what we want, so will wait for the market to come to me.
NASDAQ:UROY On the daily chart UROY which is a uranium royalty play is at a three month long. Outlook is good when energy costs are rising and uraniums is widely considered more green than Oil, natural gas and other CO2 producing fuels. The RSI Oscillator is in mid-range. Within the past few days, a high spike of buying volume is noted. A Doji candle...
UROY is trending in a downward channel. Back to 'sustainable' trendline where it can recover and accumulate. Decreasing cash position in combo with growing assets. net-loss
example of crazy price spikes relative to the sector. Huge spikes in a very short time frame.
Possible correction to $3.10 area. Hard to believe with all of these positive news. But I think UROY sprinted ahead of other uranium stocks way too fast. Let's see how it plays out. Would be a good opportunity to add or enter
BULLISH WITH 2 TARGET AREAS. SEE URC CHART FOR MORE DATA.