long rising wedge, nice entry nowSprott is building power for an explosive 15% move up in short order. Nice entry point here. One of my key holdings.
Uranium
breakout and backtest complete50,000,000 ounces in bolivia, eric sprott, some uranium and vanadium exposure through subsiduary
URA Medium term trade 45% profit targetPrices of Uranium equities are cheap in general, so its a good long term investment. For the medium term, im targeting 17.50 (my entry point was @10.8 but I still think 11.9 is a good price
approaching breakoutexpect breakout plus backtest. Good buy right now, downside is minimal considering U fundamentals.
Beautiful Setup !Global X Uranium ETF is starting to outperform commodities.. finally!
This one not to be ignored in my opinion.
SILVER - Get Ready, Rally is Roaring!Consolidation could end imminently resulting in another beautiful upleg.
THE RSI elegantly pulled back on the 50 level, giving it a strong positive momentum to rise.
You could also consider investing in the main silver miners to get better leverage on your investment. My favourite picks are Mag Silver, First Majestic Silver, SilverCrest, Pan American Silver, Alexco, FOrtuna, AMS Gold & Silver.
This is a great buying opportunity.
CCJ promising start off a bottomCCJ made a nice impulse move and watching this correction now. Looks like little more to correct for this ABC move, but could have started wave 3 upwards.
Bullish Charts - Uranium PlayCameco Corporation produces and sells uranium. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium property is the Cigar Lake property located in Saskatchewan, Canada. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles and reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.
Cameco Corporation is one of the world's largest uranium producers, a significant supplier of conversion services and one of two CANDU fuel manufacturers in Canada. Their competitive position is based on their controlling ownership of the world's largest high-grade reserves and low-cost operations. Over the last four quarters, the stock’s earnings surpassed the Zacks Consensus Estimate thrice .
finance.yahoo.com
On May 20, 2020, U.S. Department of Energy rushes to build advanced new nuclear reactors
www.sciencemag.org
On 06/26/20, Cameco issued a press release relating to its win in the appeals court for tax issues. With the court win, Cameco should be receiving over $300 Million back from the Canadian Government plus another $482 million back in letters of credit that Cameco was required to pay as installments.
transferpricingnews.com
The tax court win was a HUGE win for Cameco and will free up hundreds of millions of dollars.
Daily Chart Looks Bullish
Volume, Bullish
PMO, Bullish
MACD, Bullish
Stochastic, Bullish
OBV, Bullish
On 06/30/2020, Raymond James issued an Outperform rating on Cameco.
On 06/25/2020, BMO Capital Markets raised the price target to C$17.00.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Gold, Nickel, Uranium, all in one small cap playThey have gold on their nickel property, and have set out to find it. already sitting on Uranium. all in safe Canada.
Short selling complete, time for upFission pullback, based on a broad misunderstanding on the function of a consolidation (recent news), is done.
#Uran - burning through? #UX1! #UraniumBreak up from downtrend.
Retest of downtrend.
And now in the upper line of blue uptrend.
If a closure above the blue upward-trend-channel could established, then it will become more exciting in the next months/years.
A close above the $33.25 resistance level of P3 at the end of the month/quarter would be important.
How do you see that?
Greetings
Stefan Bode
Bullish Charts - Uranium PlayCameco Corporation (CCJ) is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan.
In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.
Uranium is at a 5 year record high for April 2020 & May 2020.
Daily & Weekly charts look good.
Daily Chart
PMO is turning up, Bullish
MACD is turning up, Bullish
RSi has turned up, Bullish
Stochastic has turned up, Bullish
Weekly chart looks good too.
The price just closed above the KUMO, Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
PDN T.A.PDN has been in our watch for a long time.
Looking from a monthly prospective a possible double bottom is forming.
If the break of the neck line occur we expect over 200% rally from current levels.
The break of that neckline could also be the beginning of the bull rally that the U-Bulls are waiting for years.
In all these years since the last radioactive disaster technology in the industry has improved and become safer. There is a lot to talk regards the U industry.
The world is in constant need for more and more energy and Uranium could be the solution.
Nobody knows what is going to happen in the future but from a trading/investing prospective we want to keep one eye on the industry waiting for a perfect set up.
