On the hourly chart on March 15, a new trend started. The channel on the chart is clearly not complete. My opinion now it is possible to enter in buying. Takeprofit level is 3.49. Do not forget about the SL = 3.03 Good luck! Regards, WeBelieveInTrading
Nearing the end of this triangle, and getting ready for an impulsive move. I think the direction will be up, based on what I can discern from Elliot Waves. Unclear, but nice R:R.
UEC is presenting an opportunity. Information is on chart.
Upward trending channel. Sanctions against Russian Uranium miners and increasing demand can drive this one higer
I've been holding this one since a few months back, it wasn't doing anything interesting until now. Uranium and other commodities are in high demand, and will be in 2023 too. Price has formed this triangle since April and closed the last week with an engulfing candle in the weekly timeframe. Is very close to breakout, you can open a small position and add after...
I will be watching for price reversals at any of the targets might be a short lived drop(TP1) then reversal might just go all the way long or might hit most targets as for the LONG RUN with all these wild fires (climate change is upon us) its hard to ignore that we really need a cleaner source of energy we cant fly private jets dallying around europe...
1 hour and 2 hour charts chart looks ready to rebound and rally. Anticipating a slow and steady move upward heading into the end of 2022. Expecting to see this ride higher or even be acquired by 2025.
Tried to overlap a multitude of fibonaccis with their respective retracement. Also added support and resistance levels. The purple boxes contain where most of the fib lines met. Vertical lines are the fib timeline which appears to have it's accurate merit.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Real nice weekly chart here on UEC, breaking above a critical inflection point here with a 3 rising valleys pattern indicating classic accumulation. RSI is starting to break above the moving average as well with waning negative momentum on the MACD histogram
Where do i even begin i dont know where and i cant say too much so imma leave it like this Senna Season MONZA MONEY
*UEC Made a New 52 Week High *Big volume coming in *6 Month Long Base *Price above 200 DMA
See chart for analysis and enter. ADR is pretty high which is good. Stop loss set at low of the day. Holding for 3-5 days then selling 1/3. Moving stop loss to breakeven with a trailing stop loss for the 10MA or maybe 20MA depending on price action.
UEC .. short swing idea, double top finishing Friday with push down bearish volume.
Apart from all the insanely bullish fundamentals, out of a technical standpoint this looks like a schoolbook example in regards to setting up for a huge move. Going to go on a limb here and say that a break on 5,8 would trigger insane volume causing a wild move towards 7.