Short selling complete, time for upFission pullback, based on a broad misunderstanding on the function of a consolidation (recent news), is done.
Uranium
#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!
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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.
uuuuWaiting here on #UUUU #uranium #stock to take a big position, I think cigar lake closing down for $CCJ will be a catalyst going into 2021 and american #uranium companies will be well
positioned.
Energy Fuels - Breakout & Pullback Confirmation?The latest test of the white line trendline following the mid-April breakout, suggests a confirmation pullback might be forming. Price needs to pick up for the breakout to sustain.
$CCJ can rise in the next daysContextual immersion trading strategy idea.
Cameco Corporation produces and sells uranium.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $10,88;
stop-loss — $10,36.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Thanks for being with me!
#Uranium - Can uranium make the breakout strike at $40? #ux1!All 3 bullish resistances are broken.
This could have started a superior bull market.
First target at breakout and confirmation of the subordinate trend channel is the $40 where the superior downtrend channel is located.
#Uranium - Can uranium make the breakout strike at $40? #ux1!
Uranium Energy Corp : Resistance & Trend AnalysisPrice must break above blue line to maintain momentum.
Bullish on DNN!Uranium stocks have been bullish lately. With anticipation of the Trump administration/ Department of Energy releasing more guidance on uranium mining today. We will hopefully continually see it go up.
RSI is hovering at 71 and has been hovering in that overbought zone for awhile.
Volume seems to keep going up.
Please note: I'm a complete noob at financial trend analysis but do have a keen eye for spotting trends in data in general. Any tips or tricks would be helpful!
My investing strategy is to make a minimum of 5% a day.
Possible change of tren in URANIUMuranium companies like TSX:UEX and TSXV:GXU have been trying to breakout the long-term downtrend. Will they succeed finally?
BNNLFI loaded up on $BNNLF around .016c with a TP of ATH's above .08c but I think there is a bigger opp here with this name b c they r located in Niger and can pump #uranium out pretty quickly to the East. At least the FA got me thinking that.
Bearish Divergences RSI Boss Resources (Uranium)Fundamentally strong Uranium producer.
On short term looks bearish.
(note: I am a rookie)
UXC weeklyUranium Futures did a bullish retest of the 200 ema weekly charts and buyers stepped in sending the next week futures price to $27.75, if the 200 ema has been proven as support spot uranium will probably head towards $30
UraniumThis looks like the real thing to me Fam, Im thinking the COVID 19 shut down will send spot uranium back into a bull market or at least be a catalyst that starts a new bull market.
