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Uranium

UUUU LONG. Uranium Exploding higher with Worldwide Energy NeedsI am a bit late to the party on this one. But UUUU has a prior ATH of over $200. MONTHLY chart is starting what appears to be a strong uptrend. Weekly , Daily charts already look strong as well. Recent bounce off TL support (Yellow Line) which happens to also be Horizontal support (Green Line). Long Wick on yesterday's candle and todays break above Horizontal support and yesterday's high of the day are further BUY signals. MACD Rising and above ZERO line. Add to this all the worldwide energy needs and Fundamental reasons for Uranium to skyrocket soon and this trade feels like a no brainer. usually I try to catch the trend a bit earlier but this is definitely a good LOW RISK Trade. Entry will be LIMIT Order @ $8.41. We will see if we fill at better price. If it does not fill within 1st 10 min of trading then I will plan on entering in at the then current price @ 0940 AM. Entry = $8.41...??? SL = $7.28 1st TP = $11. Will reeval TP levels as price action evolves.
AMEX:UUUULong
by eganon69
20
Clear defined channel for Dollar indexwhat will it be for the Dollar index? Short or Long? that the million dollar question. Taking the fundamentals and the economic status of the U.S into consideration, from my teams point of view we are seeing a rejection from in the near term. This is mostly fuelled by negative diverging momentum from the past 10 years. we can all agree that the U.S is not in better shape then it was 10 years ago, at least that's the story that the chart Infront of us is telling us. the M2 money supply accompanied with the FEDs printing is clearly the reason of this ever devaluating currency. we are seeing a decline in all the currencies coming up and the most that benefit in the upcoming 10 years are those who are not inside the stock market but in real assets. Real Estate : ✓ 7.5/10 Gold/Silver : ✓ 9/10 Copper/Nickel/Zinc : ✓ 9/10 Consumer staples : ✓ 8.5/10 Uranium : ✓ 7/10 Crypto : ✓ 2/10
TVC:DXYShort
by meeblemalta
2
UX1! Uranium SpotUranium Spot is respecting the arc with multiple touches across the last decade. At Present Uranium Spot has pushed through the supply demand Zone with is a very positive sign for the Uranium market bull case. There are two scenarios I see playing out over the coming months in relation to Spot. The Uranium spot prices will either follow Scenario A marked on the chart and trades back into the Supply/Demand zone, Backtests the broadening wedge breakout point and continues its trajectory. OR The spot falls back into the Wedge and comes back to re-test the ARC boundaries before finding support and continuing its run. Option A will see months of consolidation IMO after the run Uranium has just had and could cool off the market in the near term, Option B is a much longer consolidation period and could take the best part of 2022 to resolve and see interest return to the U market. This could all change if Utilities get the finger out and actually start their contracting cycles which could see an overnight jump in the spot. holding and adding to U positions as this resolves. Its a marathon not a sprint.
COMEX:UX1!Long
by gillman_hugh
PDN - Potential Head and Shoulders - short term shortRecent Uranium price increase has helped raise the PDN much more rapidly to 116% from 1st September (0.52c and touched $1.12 on 16th September) However the recent sell off from 1.12 to 0.85c has formed the head and shoulders. This leads to a potential short term opportunity to short the stock. Today's close: 0.85c Potential target: 0.535 to 0.485 Disclaimer: This is not a financial advice. DYOR. And stock can react in any way with broader market sentiment. This is just for education or entertainment purpose.
ASX:PDNShort
by rav55
URANIUM - URA - MED/LONG TERM STRAT BUYLooking at the daily picture, we can identify several important information : 1) caught in a $ 23.00 - $ 25.50 trading range 2) mix of a double bottom and double top 3) currently below the Mid Bollinger Band 4) in the middle of the sideways trading range above mentioned. 5) supported by the former uptrend support line (in green) 6) still below the ongoing resistance line (in blue) Nevertheless, recent price action from the former high @ $ 28.68 towards $ 23.00 should be seen as an healthy consolidation move and not as a trend reversal. Therefore, having in mind a med/long term buy strategy, dips should be seen as a good opportunity to increase the existing long exposure for those who are already long or to initiate new positions for the others. TRUST ME.. there is a STRONG STORY behind and it is only the beginning of the story... Have a look at the monthly picture and you will see the upside potential, it is huge !!! Last but not least, the better vehicle to invest in the URANIUM theme is the following : Strategy Certificate on U3O8 RENAISSANCE Portfolio Underlying: U3O8 RENAISSANCE Portfolio SSPA/EUSIPA Product Type Tracker Certificates (1300) ISIN: CH0441692628 /Valor: 44169262 Last price (05.10.2021) $ 1'987.05 Best Ironman8848
AMEX:URALong
by Ironman8848