URA
URANIUM - ETF - Uranium due for a Long - The pattern will continue to form, if it breaks below lows, we sell, looking for a buy pattern in this oversold etf.
forgotten and undervalued ETFPay attention to Uranium futures, correlation is obvious but right now we have divergence which should be reduce. UX1! is very bullish.
We are 90% down from the top, descending trinagle ends in december. I think this is a good moment to get in.
SL -10%, exit in case of second Chernobyl disaster.
Peace.
RF
LONG quintuple bottomThis uranium ETF has hit its multi year support again. Long on the next 3 day high $UUUU $UEC $CCJ
$URACharting uranium is fun.
Listing around 130$ per, began to drop, respecting that best-fit line all the way down.
Ranges, ranges, dropping until we bottomed out, and have since been accumulating.
Fib extension matches perfect w/ a range I drew, RSI bouncing off support trend.
Not sure as to why we'll see 45$ again fundamentally, but the chart says it looks good.
URA long idea (NYSE)Uranium ETF showing a nice consolidation in price. good r/r here, waiting for ultimate break out over 16.50 $URA $UUUU $CCJ $UEC
Uranium price is slowly taking off so this ETF should as wellUranium price is slowly taking off so this ETF should as well
Uranium 2019 LongUranium 2019 Long
-huge 2017 accumulation
-in accumulation zone
-in 1/1 gann fan area
URA Uranium Potential BreakoutLets keep it simple! ish..
A few things to note about uranium...
One of the most over looked assets.
Most energy efficient source.
With crypto currency mining, and other increases in electricity use, will increase demand for alternative energy. (isn't that what everyone's striving for? alternative energy?)
Look at this beautiful chart, bouncing at the bottom around 11.50 respecting it for almost 3 years now. This is massive accumulation, which is also coming to the end of its wedge and 8 year downtrend. We will see action new years.
Also the WEEKLY has squeezed and fired long, technically confirmed with the positive momentum on the last week close.
The MONTHLY around 2016 was one of the only god mode buy signals in the history of URA, at 11.30ish bottom at that time. (Not the best indication, but its there to look at)
With all the low key news about uranium, trump supporting alternative energy, and a large amount of nuclear reactors being constructed, reopened and planned for, the signs are there.
Also the supply of uranium has been reduced drastically by the suppliers, to ultimately increase price and demand. Were floating at the "cost of production" price, which cant really go lower.
Im long term on URA, this is a 3 year minimum hold for me, ill be accumulating 11 to 13 area until a breakout or stop loss right under 10.
Happy trading, its never legal advice, I want everyone to win!
Cameco Looks Ready For A Breakout.CCJ looks prone to a volatility spike to the upside. It could finish the year closing in on the multi year downtrend resistance level.
Quadruple bottom on URAURA is bounce of a 4th bottom on the weekly at that price line. Long via uranium related companies. Could be a new trend starting with fundamental aspect of decreased output of uramium in Kazakhstan.
LONG EFR.ca (TSX). UUUU (NYSE)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
Multi-year accumulation in UraniumHop into the train before it is too late. Probably the monster trade for the next 5 years.
URA: GLOBAL X URANIUM ETFTechnical view on the weekly chart. We can see how prices are now trading above its 50-EMA and seems closing above the 100-EMA. Next target and probable resistance; 200-EMA near $22.20/$23.50 level.
Is the Uranium meltdown finally over?This may be the key resistance break Uranium investors and speculators have been waiting for. The entire Uranium sector has been one of the saddest beaten dogs I've seen in a while - wrecked for years after Fukushima...That fakeout in early 2017 was brutal for top buyers. All it seemed to take was CCJ shutting a mine down recently to light a fire under this dead dogs ass and we've seen a rocket ship rally since...I've been long URA for a while and am now interested to see if we finally have the conditions to sustain a longer-term uptrend.
The road to $30 is loaded with resistance, however, given enough time I think bulls will begin testing higher levels. I am a buyer of dips and will sell portions of my position on spikes as this is clearly a very volatile sector.
Time to go long on Uranium! URA, UECI was looking for a Nov 15 low..... but looking at the price action it may have started to move up....
10-30-17 swing low was looking good also.... Big buyers are showing up
Gann Analysis
