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Uranium

Long UUUU rebound Trump did not approved increasing import tax from 7% to 25%. That would greatly benefit domestic uranium miners, such as Energy Fuels Inc. Trump did not approved simple tax, but called for a working group to evaluate and work with industry how to help domestic uranium miners, so USA would be more independent on their Uranium purchases, citing national security. 36% sell off is big overreaction, turnaround for 232 petition isn't what everyone expected, but it's not bad, it's quite positive actually. Meaning in 90 days, UUUU should at least once touch area 2.5-2.8 USD, if not because of fundaments, at least because of TA.
AMEX:UUUULong
by n0xTrader
Uranium UEC long for up to 50%Uranium in the states 'must be brought under domestic control/production' so expect these companies to do well. This on is at a strong support, missed the break out through the cloud (that was also on news), but the entry is still good seeing as how they haven't even recovered back to their pre xmas avg of 1.70. Buying now and looking at 1.70 to get out, sill keeping an eye on the 2$ high mark for this to gain by the end of June if not sooner. Please like, share, follow, all that stuff if you like the ideas and especially if they work out for you! Don't hate me if I'm wrong lol
AMEX:UECLong
by Bullranch
1
#Uranium weekly crossoverUranium has plenty of Momentum moving forward in the larger timeframe. As we look at the weekly chart we can see that the 20MA is about to cross the 50MA. While on the daily the 50MA was acting as support. $262 is acting as support and a bounce off that would keep the momentum going, though $257 is another possibility. In the short term a small drop is more likely when you look at where the RSI and Stochastic RSI is placed. It is also hitting a large resistance area and this would be the 4th time trying to break it. Taking a position in uranium with 3 Aussie Stocks is where I have placed my bets and see how it plays out, but has a great outlook.
ULong
by GlobalTrader_