WATCHING $UEC for ENTRY TARGET @ 2.36 for 27.97%WATCHING $UEC for ENTRY TARGET @ 2.36 for 27.97%
I’m practicing to nail my entries even better… IF target hits I will look at this again and possibly take a position.
Uranium, huh?? What’s uranium used for?? I’ll play at 2.63.
Double at 1.70 is it goes down.
UEC trade ideas
UEC Uranium Play is Ready to go DEF CON 5!I had a random thought, voice, divine intervention, I don't know what it was but out of no where I had this, more than a thought or idea, but it was clear... "Look at URANIUM! " Subtle real Subtle......*slowly starts to run away*
Anyways in my dive into Uranium Plays I looked at URA which is a ETF and good but kind of slow....and about 4 other Uranium Stocks....Then I found this one UEC. UEC is not only a Company that stock piles Uranium, they invest in other companies stocks that have uranium! ETF Warehouse of URANIUM! AMAZON of URANIUM! ok I digress you get the idea. So that said I found the bottom, drew my trend lines from the past, slapped it and called it Sally......Waited for it to dip and then bought in on some option calls. I think where it is at currently isnt a bad place to get in $3.07. The option calls are .15 out of the money and .25 in the money! I mean I dont know what gets you all excited but I couldn't stand up for 15 mins when i found this.....Mostly because My back hurt and it was locked up....but thats besides the point.
If you are looking to add some something Nuclear in your plays this is the play to get in on. Just my .02 cent worth but i mean thats all i can afford so dont listen to me......or do. Either way I'll still be sitting here not standing up.
by iCantw84it
05.27.2021
How far can this go?I don't know.
BUT, I see it is breaking out my BOXES, with extraordinary above average volumes. In theory this is a good sign and a buy.
However, I did't sell the last time. But once if I have sold/sell it, I am sure it will go parabolic...
Ok put the joke aside, I see also, silver, oil , lithium etc up.
They call it super trend. Anyone knowns what's up?
UEC URANIUM ENERGY CORPNice and clean uptrend parallel channel with price action bouncing off 50DMA. Looks like $ 4.42 next 52wks high before this stock takes a breather again. It might easily overshoot with recent uranium positive news. Looks like an entire uranium sector is ready to advance in May. UEC is looking great from technical and fundamental point of view.
UEC to 3.50 for nowMaybe I am just bullish on this one, so please correct me if you think so, my goal is to be as objective as possible.
But I don't see any reason at this stage for a bear case.
I have been watching it since when it was about 1 $.
UEC perform much better than ie. URG etc. And it touched ATH when other Tech dropped 50 or 60%. it's recent correction is 30%.
According to this old chart that I have been using, in the short term, if there is no correction in the next 2 weeks, I am expecting it to reach at least 3.50. And with FOMO to 4$, which represents 30% profit.
I don't know if we should HOLD it for too long though, any comment on it?
Resistance at 3 and 3.20, 2.50$ is a support.
UEC URANIUM ENERGY CORPUEC is primed to explode both fundamental and technical stand points of view. UEC recently purchased 1.2 million pounds of physical uranium. Price target $5.47 with April 7th to get us there - that is based on a chart and previous ATH run. Also H&S are forming in ascending triangle - super bullish.
Ichimoku Cloud:
1. Huge Green Cloud Base - bullish
2. Conversion Line over Base line and above Cloud field - bullish
3. Lagging span shooting up and above the cloud - bullish
4. Price is hovering above the cloud - bullish
This chart looks a bit too busy but I wanted to show as many bullish signals before it looks like a huge mix of colors.
Uber bullish on UEC, best looking technical set up IMHO
UEC: Bullish Pennant (50%)Bullish Pennant (50%)
Pros:
Volume during post formation
Descending volume during triangle formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 4
250RSI above 50 and ascending
200MA ascending
Target:
PT = 4.30$
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