Get started

Uranium

CCJ Cameco: Channeling?Above it, followed by retest and resumption, will result in a parabolic move. Still has that gap to fill, will result in some soiled underwear if it were to happen rapidly. Flagging out until April.... boring but... w/e I haven't been charting for very long, but let me know if my comments below are stupid. CCJ Daily Chart Divergences usually lead to a LT trend. (I'm very intrigued by this... when I find a stock that behaves like this) 2000: May-August. See the divergences and all three trending upward, especailly in July 2002: Summer to Fall. MACD like a slingshot, RSI ascending lows contradicting the two valleys in the candles 2010-2011: RSI and MACD pulling on the candles between November 10' and Feb 11' but specifically RSI and STOCH early FEb to Mid Feb. Then fundamentals kicked in: earthquake. 2020: Mid Oct to Early Nov (this is the divergence that I think sent CCJ up the channel for a long time) Still learning.
NYSE:CCJLong
by Uglybob
1
Uranium, not quite yet?Despite the multiyear lows in Uranium, it seems that stocks like U are not having enough capital to take it higher, in the opposite, investors are selling out to invest elsewhere, perhaps looking for more attractive yields. I think Uranium Participation will revisit much lower levels, perhaps around $3.5 in 6-9 months, until the whole Uranium sector changes direction. The uranium sector is showing mix signals with some indicators showing a break, but reality minor stocks such as U are struggling.
UShort
by Allenvik