Nexgen Short Opportunity ? I entered a medium-sized short position on NexGen for several reasons, as the probability of revisiting the range lows appears high from this point:
1-The price briefly broke above the range highs but quickly reversed back inside, indicating a failed breakout.
2-A classic Head and Shoulders pattern
−100 ARS
−51.84 B ARS
0.00 ARS
About NEXGEN ENERGY LTD
Sector
Industry
CEO
Leigh R. Curyer
Website
Headquarters
Vancouver
Founded
2011
ISIN
AR0220648593
FIGI
BBG01Q0TNHM0
NexGen Energy Ltd. engages in the acquisition, exploration and development of uranium properties. Its uranium project portfolio includes Arrow, South Arrow, Harpoon, Bow, IsoEnergy, SW1, SW2, SW3, and IsoEnergy properties. The company was founded by Leigh B. Curyer on March 8, 2011 and is headquartered in Vancouver, Canada.
is NXE going to break trendline and go up for the next round?
For the 1-hour chart:
You can see a long upper wick followed by a large green candle and a medium-sized red candle.
Even this strong selling pressure, buyers are still in control - supported by a well-shaped RSI and momentum.
Over the past few days, the volume profile has shown a promising tre
$NXE continues to hold longterm monthly trendlineWe are seeing continuing pressure from the US to secure it's uranium supply as Russia hints at at restricting supply.
Nexgen's The Rook I Project (Project) is the largest development-stage uranium project in Canada. The proposed new underground mine and mill development is located in the uranium-r
(NXE) NexGen EnergyThis is a month calendar of NexGen Energy -- only gains.
My buy price in 2020 was $1.3; There is no telling what will happen in the future of a stock price. This would have been a keeper. Most stocks are losers. Not this one.
Because I don't actually trade stocks don't take this post as any measur
NXE - Good earnings could lead to big profitsI like this chart a lot. Definitely a few resistance zones to watch out for above us (i.e green top of green tapered buying channel that has bounced us a few times) but we are within our strong purple buying continuation channel which is exactly what is needed to take us out of this resistance level
NexGen Energy: Riding the Uranium Boom with Bullish Prospects
The uranium market is experiencing a remarkable surge, and investors are taking notice of the impressive upside potential in uranium stocks. Among the major player leading the charge is NexGen Energy (NYSE: NYSE:NXE ). NexGen Energy (NYSE: NYSE:NXE ) have witnessed share price gains ranging from
$NXE Unveiling the Untapped Potential
In the dynamic world of stock markets, finding a hidden gem can be a game-changer for investors seeking lucrative opportunities. One such gem that has been making waves lately is NYSE:NXE , and there's a compelling case for investors to consider it as a prime addition to their portfolios. As we de
NexGen Receives Environmental Assessment ApprovalCanadian uranium miner NexGen Energy has received Saskatchewan's environmental assessment (EA) approval to proceed with the development of its 100%-owned Rook I Project.
The Rook I Project, which has a total initial capex of C$1.3 billion ($943 million), is the largest development-stage uranium pro
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Summarizing what the indicators are suggesting.
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Moving Averages
Neutral
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Moving Averages
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Displays a symbol's price movements over previous years to identify recurring trends.