UEC beautiful accumulation Almost a perfect chart. This is an easy buy IMO.
Above 200DMA
Volume green
Accumulation
0LJQ trade ideas
Uran - Rare Commodity is becoming more expensiveGlobal rising demand for uranium was highlighted by World Nuclear Association director Genera Agneta Rising at the AtomExpo conference last week in Moscow. By 2020, 55 new reactors will be launched in 12 countries. The basic uranium demand for 2018 is 382 million pounds U3O8
On the supply side, forecast supply for this year is 141 million Ponds U3O8. Interfax reported that Kazakhstan's energy minister Kanat Bozumbayev had made several comments to the government in Astana regarding their uranium production. He noted that U3O8 production in the first 4 months of 2018 decreased by 3.2% year-on-year, with a production of approximately 18.6 million pounds U3O8. He said the production target for 2018 is about 60 million pounds. The resulting annual decline will result in a supply reduction of approximately 4 million lbs of U3O8, which many market participants do not consider.
Uranium Energy has 54 million pounds (lbs) of uranium oxide (U3O8) in reserves (measured & indicated) and another 45 million pounds of inferred resources. Special features of the company regarding the competition: The so-called in situ recovery technology (ISR technology) is used. This uranium is promoted particularly cost-effective and environmentally friendly.
One focus of activities is Texas with the central processing plant in Hobson. The Palangana Mine already produces four years after the ISR process, which is also to be used in other uranium projects of the company. On the other hand, it could prove particularly lucrative that the company's deposits and projects are predominantly located in the USA. At present, only a small amount of domestic uranium supplies (<2%) are covered by domestic production. Dependence on imports is a problem that has increasingly attracted attention from US policy, with around 40% of demand currently coming from Russia, Kazakhstan and Uzbekistan. How vulnerable the US uranium supply is, is demonstrated by a new Russian law of June 2018, which, with further sanctions Trump against Russia, Putin is authorized to implement corresponding export restrictions in response to US sanctions in the raw materials sector.
In addition, the demand for the yellow powder is increasing due to new nuclear power plants that are added worldwide each year.
Reason enough to set a doubling + X :-)
UEC clearly a buy. Thing will be a stupid money maker. Long term gann is broken, pattern tested & coordinated movement with price swing indications. Support on blue gann low to high holds on a support pattern like rambo to a 50-cal; sure shot higher from here. 250%+ opportunity.
Lets Talk UraniumIn Feb 2018 I made a post called the macro case for Uranium about why the Uranium Market was massively under priced If you got in when I did. Then you have been made alot of money recently. This is the power of Understanding macro economics. Read more for free at
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My Best Investment Method (Large Gains)Look for stocks above the SMA 200 and SMA 50 and equal to or above the SMA 20, but under the SMA 10. Once Stock is in between the SMA 20 and SMA 10 zone and is highlighted Red due to the Pet-D indicator, and the next day turns green, buy the day after. This is a massive bull signal that will earn large profits. In addition, the edited Wavetrend indicator can be used to help reinforce buy. Once green crosses red or is about to, BUY. once the wavetrend is over the red dots and red crosses green, SELL.
UEC looking for a bottom?Rising momentum without a new significant low... Looks tempting. Uranium spot prices are at 11 year low. Clearly unsustainable. Might see some buying for real assets here as inflation pushes higher.
Uranium Energy Corp WeeklyPenny stock for the watch list - love to buy it at $0.64 -$0.65
Might check the fundamentals first but Uranium is near a low in my opinion
Uranium Energy - bear trap and reversalIn contrast to most of the other uranium stocks UEC has been holding up pretty well over the last 18 months. In mid of May the stock shot up 111% from 0.69USD to 1.46 USD within 12 trading days. In the following three and a half months the stock as been consolidating this sharp move within a large triangle.
On the last day in september UEC broke down from this triangle and the price has been falling down towards the 200MA (0.90 USD). Three days ago the downtrend probably has ended with a final bear trap and an intraday reversal.
The stock is beaten down and compared to its high in early June extremely cheap.
Uranium is trending up and has been oversold for years.Taking a long position here. This is the only unhedged uranium miner in the industry. They had halted production during the low U prices, but prices are on the upswing and they will capitalize from it. Their in-situ recovery method is established, they have reserves, and they own a ton of property in the USA. The best part of the story... the CEO is Iranian and runs a Uranium company in Texas.
