We had a breakout in October but it failed and is back to chop fest. Interesting is that Uranium Spot Price so far has a breakout. We will have to see how Uranium Spot Price closes for the Month of November. Great info if you are invested in Uranium energy equities or planning on doing so.
Clear Head and Shoulders pattern on the BNM chart!
it might cool off next year, i wouldn't suggest investing in uranium and thinking its a long term growth opportunity. stick to facebook, amazon, bitcoin, or google
appears to be in the 5th wave on the daily TF. The 5 up sequence looks good as I measured with a fib extension & have a clean W3 top around the 1.618%. Now run to the top of the expansion channel and test the 2.618% level for a wave 5.
The bulls have come out of hiding, and have started beating their chest again, calling for new highs-- but the chart says otherwise. While I know there's a lot of fundamental news that makes people want to think the Uranium sector is going higher, the chart doesn't line up with the fundamental narrative. Just like it didn't when I called for the price to drop back...
Looks like Uranium starting a bull market soon, 5th wave can hit by spring 2023. UUUU has potential to hit $21 plus.
Energy Fuels Inc ( AMEX:UUUU ) Sector: Non-Energy Minerals (Other Metals/Minerals) Market Capitalization: 955.43M Current Price: $7.30 Breakout price: $7.35 Buy Zone (Top/Bottom Range): $7.10-$6.10 Price Target: $8.70-$9.00 Estimated Duration to Target: 40-42d Contract of Interest: $UUUU 10/21/22 8c Trade price as of publish date: $0.65/contract
I can belive this Is uranium ready for 549$ dollars? Unbelievable This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual. The author of the analysis...
Global X Uranium ETF ( AMEX:URA ) Sector: Miscellaneous (Investments Trusts/Mutual Funds) Market Capitalization: $ -- Current Price: $21.60 Breakout Price: $21.80 Buy Zone (Top/Bottom Range): $21.45-$19.85 Price Target: $22.80-$23.20 (1st), $25.90-$26.50 (2nd) Estimated Duration to Target: 30-32d (1st), 99-106d (2nd) Contract of Interest: $URA 9/16/22 22c,...
My one and only take on Uranium & how I like this setup. The future is green energy but I really believe nuclear energy is going to be the bridge to that future.
What the market is presenting: Neckline kiss setup Daily view shows one year distribution pattern Weekly view shows massive double top pattern You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas
I love the fundamentals on Uranium , especially since the war in Ukraine , Europe's new realisation that it has to be more independent for energy and the push for the west to go Green. Its the perfect set up , couple this with supply and inventory limitations the price of Uranium will have to increase over the years to bring on new supplies , ~$70 spot. I plan...
IDK still thinking DNN pushes to $2.14 ish b4 an ABC bullish correction and tests the orange U308 futures line. But If U futures dump here then DNN could meet the confluence at lower levels. My bullish bias is supported by the fact that wave 5 seems to be still underway on the daily. Also Weekly & monthly charts still bullish tilt. & also DNN sitting on mid...
Thinking 5 up is complete now. And soon we ABC down to the mid point. Retest that price area & then re analyze. The monthly & weekly still in a strong uptrend so an ABC after 5 up to retest support would be a bullish continuation pattern. But we must wait to see upon confirmation.
I've had a position in URNM- AMEX:URNM Uranium for about 13 weeks and now and I'm really excited at how well this etf is doing. You can swing trade and possibly long term hold for a portfolio, since Uranium is the future need for energy in power plants and nuclear submarines and other naval ships. Find out all the details on my video technical analysis here! Give...
comparison of OKR OKAPI RESOURCES PDN PALADIN ENERGY PEN PENINSULA ENERGY VMY VIMY RESOURCES UEC Uranium Energy Corp BOE BOSS ENERGY DYL DEEP YELLOW
This is an OTC Uranium miner stock based out of Africa, they are lagging the big majors like CCJ &UUUU GLATF as far as most recent push off the retracement that tested 618% gold fib ratio. Looking for a wave 5 push to around .49c possible moon shot to .61c
looks like my Z wave is playing out for the UUUU here, to understand WXYXZ pattern is to know that a series of 3-3-3-3-3 wave patterns have evolved and they are sideways in the chart not compressed into a triangle which would rule the 3 wave pattern as an ABCDE. Now looking at the stoch RSI and also the standard RSI we can see they are both dropping from over...