UROY basically sells rights to mine uranium for a percentage of the production. It is a penny
stock in the nuclear subsector of energy which is undergoing a renaissance in this era of
fossil fuel addiction detoxification in the context of climate change remediation agendas.
The 240 minute chart shows a parabolic move in mid January followed by...
UROY does royalties foe uranium mining ore to refined et cetera. On the 60 minute chart,
it has been on fire this week picking up 30% in market cap showing explosive volumes
at 5X and sustained. The past two days have been rest and recuperation in consolidation.
The zero-lag MACD suggests there is more upside in the near term with a line cross under a...
UROY topped out as shown by my other ideas. Profits are redeployed into it in a short trade
to play the volatility. Expect 10% in 1-3 days. Text box comments are on the chart. The
volatility is increased;the uranium sector is hot ( no pun here) given the climate warming and t
the ongoing debates on fossil fuels and government initiatives supporting green...
UROY on a 15-minute chart with the volume profile and the EMA cloud as the indicators
demonstrates a one-week-long swing trade. Both stock shares and inexpensive call contracts
were traded. The stock trade profit was 30% over five trading days ( MLK Holiday ignored).
Options dramatically more profit for the expiration of 1/19th. The analysis, setup and
trade...
If we head higher from these levels, and if we continue upwards, like many other uranium plays at the moment...we could reach a 10:1 RR
Fib-Extension 1.618 is pointing towards 10 $
High Risk High Reward?
UROY has a high amount of shorts that could potentially cover. Attractive entry point of $1.89 gives $2.15 a good risk reward set up before hitting the resistance line. Watch the Gap fill line below.
Uranium Royalty Corp is beginning to look interesting for a swing.
China is going to build over 100 new reactors.
More and more countries are realizing they need nuclear energy.
lots to like here.
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...
Just an Elliot Wave idea for UROY.
This would fit well with a view that inflation will be persistent, and reflected in commodity prices over a longer period of time.
Looks like the triangle, in the X position of a WXY, may have just completed, and a continuation down may be expected. I have not corroborated this view with any other uranium chart, nor have I reviewed other factors that may give a hint as to the direction. I published a bullish view on this instrument in a previous post, here:
Best of luck!
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
uroy looks like it is in a technical set up known as a cup and handle . looks like it could breakout this week or early next week. targets are 6.50-7.50
