Watching real close right now at GP for a correction macd zero cross would be awesome.
Ask yourself: Would you have been able to hold through the multiple 40% corrections in between?
TSX:EFR or AMEX:UUUU are the same stock (the leading uranium mining and developing company in the USA). Good news: they got a confirmed order of $150 million worth of government purchases of uranium. Bad news: it will start in 2021 Don't want to wait until 2021 so have decided to exit from this stock for now and check it out in Nov-Dec 2019. The exit levels...
At bottom of triangle and 200D SMA. Looking for rebound.
Closed after a small bounce off the 50D SMA, just below the 100D. This stock has been incredibly correlated with the 50, 100 and 200D averages. Short-term, Wait to see which direction it breaks (above 100 or below 50) and long/short appropriately. Long term, still very bullish. Global uranium demand is only set to increase drastically, as well as being the only...
Long set up on the weekly on this uranium stock. With uranium at multidecade lows and production cuts this could be a great r/r once it breaks above the downward trend line. Weekly 10MA above the 30MA
I'm taking a stab at uranium, specifically US uranium miners. For those interest, I have written a blog post about it. klendathucapitalist.com