#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
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.
BNNLFBannerman Resources had an epic 48% pump today off the lows and I don't this that momentum is over, with spot uranium prices moving up above $27 Bannerman looks good here IMO with little to no debt, smart cash management, and mines located in Niger Africa that can produce uranium to market and fill contact orders much faster than many larger closed down mines (due to COVID19) I think the market is going to give this little uranium company a big price increase in the coming months.
UUUUI am currently considering where to place bids on this Uranium Giant. I expect the recovery will be quick once DJI hit 14,700 so who really knows what the actual bottom will be.
Probably will have a super fast long wick to some outlandish price. But for some reason I feel like bids around .40c will get filled. Welcome any help here Fam..
If you have a TP feel free to drop a chart here so I can check it out.
UUUUlooks like we have about 2 more years of consolidation in the uranium space fam.
I plan to keep buying with my extra dinero and most of these stocks are penny status so just keep accumulating
CCJI drew up this giant triangle on CCJ back in February and it was reminding me of #bitcoin TBH,
I thought that the bottom trend line would in fact hold and we would see a bounce to the entire Uranium market.
As well as the crypto markets. PM's are selling off and everything is breaking down below critical support.
Shorts are being blocked from exchanges & not really sure where the bottom is but if CCJ goes sub $3 then I will probably
sell my ass on the corner to get as much of this Uranium Giant I can buy. Be safe fam.
ENCUFThis stock looks like it is ready to move to the top of the channel, this co has been on my radar as far as undervalued uranium companies that r super cheap and have solid FA whenever the recovery happens. I am buying here at these levels and just holding for many years.
GLATFGLATF looks like the price will dump from .32 down to .15c or maybe .11c considering the market isn't pricing in the fact they have the world highest grade uranium mineAfrica with support of Nigeria Gov.& open zinc recyling factory in Turkey that keeps them fulsh with cash & debt
UUUU Can Benefit Long Term LongThere are several stocks that are worth considering in this bottoming of the Uranium cycle. Some have better looking charts than others, and some have held up better than others. Yet, I've decided to go with $UUUU, even though it has not held up best thus far.
Technically, we may have just seen a capitulation-esque move, setting up the last best chance to get in. I was able to average in on January 31 for $1.41... (bringing my average entry to $1.71) but am posting this now at $1.68.
There is bullish divergence set up on this weekly chart with MACD and RSI printing a higher low, coinciding with the most recent low in price.
Also, see the yellow line for average volume, which has clearly ticked up since 2017 levels and the notable spike since June 2018.
This all looks very bullish to me long term.
I don't have a target in mind yet, but buying and holding unless and until there is a monthly close below $1.20.
Fundamentally, Energy Fuels (UUUU) not only can benefit from the long term resurgence of Uranium, but also is positioned to benefit from its Vanadium.
These prospects are increased all the more by the global push for the 'green' economy... regardless of the actual merits behind such push.
A recent short video from Francis Hunt is titled " Oil is Dying ".
Why fight the big money?
May this post be of use to you.
In God's Will
UIOGD - JMJ
UUUU / Head and shoulders - time to shrugSo this guy was staring at me.
He did not speak but told me a lot...
UUUU looks like .73 will be a good buy long term , so more pain b4 more pleasure with the uuuu, but seems like american uranium is going to lag due to tighter legislation, I am leaning more towards Global Atomic and Bannerman also Cameco ,& Fission as part of my portfolio. I will be starting this portfolio this year as I feel that bottom is almost in for this sector & 2020-2021 is the best time to accumulate for the mega bull in 2022-2030.
