Triangle (Prob. Complex) on UECNearing the end of this triangle, and getting ready for an impulsive move. I think the direction will be up, based on what I can discern from Elliot Waves. Unclear, but nice R:R.
UEC trade ideas
Uranium energy corpUpward trending channel. Sanctions against Russian Uranium miners and increasing demand can drive this one higer
Not a sexy stock but....I've been holding this one since a few months back, it wasn't doing anything interesting until now. Uranium and other commodities are in high demand, and will be in 2023 too. Price has formed this triangle since April and closed the last week with an engulfing candle in the weekly timeframe. Is very close to breakout, you can open a small position and add after the break out.
UECI am looking at possible cycles play of UEC.
I am looking at possible cycles play of UEC.
I am looking at possible cycles play of UEC.
UEC PRICE FORECASTI will be watching for price reversals at any of the targets
might be a short lived drop(TP1) then reversal might just go all the way long
or might hit most targets
as for the LONG RUN with all these wild fires (climate change is upon us) its hard to ignore that we really need a cleaner source of energy we cant fly private jets dallying around europe anymore
France, Europe Eyes Heavy Taxes Or Bans On Private Jets
Source: forbes
The primary driver of the demand for uranium is the capacity of nuclear reactors used to generate electricity. Industry experts project that, given the number of new reactors planned and the world-wide growing demand for electricity, the demand for uranium will grow significantly over the next decade.
Source: theconversation.com ›
Uranium is an abundant metal and is full of energy: One uranium fuel pellet creates as much energy as one ton of coal, 149 gallons of oil or 17,000 cubic feet of natural gas.
Source: www.nei.org › fundamentals › nuclear-fuel
Nuclear generates more than half of the country's clean energy by using uranium instead of burning fossil fuels. Uranium is an abundant metal and is full of energy: One uranium fuel pellet creates as much energy as one ton of coal, 149 gallons of oil or 17,000 cubic feet of natural gas.
Source: www.nei.org › fundamentals › nuclear-fuel
SENNA SEASON
UEC - Uranium Energy Corp Reboucning 1 hour and 2 hour charts chart looks ready to rebound and rally.
Anticipating a slow and steady move upward heading into the end of 2022. Expecting to see this ride higher or even be acquired by 2025.
UEC FIB.Tried to overlap a multitude of fibonaccis with their respective retracement.
Also added support and resistance levels.
The purple boxes contain where most of the fib lines met.
Vertical lines are the fib timeline which appears to have it's accurate merit.
Uranium Energy Corp having a meltdown. UECWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$UEC 3 Rising Vallys (Uranium)Real nice weekly chart here on UEC, breaking above a critical inflection point here with a 3 rising valleys pattern indicating classic accumulation.
RSI is starting to break above the moving average as well with waning negative momentum on the MACD histogram
URANIUM PRICE FORECASTWhere do i even begin
i dont know where and i cant say too much
so imma leave it like this
Senna Season
MONZA MONEY
UEC New 52 Week High*UEC Made a New 52 Week High
*Big volume coming in
*6 Month Long Base
*Price above 200 DMA
BO Trade 2022-04-12 (Uranium, UEC)See chart for analysis and enter. ADR is pretty high which is good.
Stop loss set at low of the day.
Holding for 3-5 days then selling 1/3.
Moving stop loss to breakeven with a trailing stop loss for the 10MA or maybe 20MA depending on price action.
UECApart from all the insanely bullish fundamentals, out of a technical standpoint this looks like a schoolbook example in regards to setting up for a huge move. Going to go on a limb here and say that a break on 5,8 would trigger insane volume causing a wild move towards 7.
UEC SwingUEC in uptrend. Channel has formed. Price is in lower portion of channel. Potential buy opp.
Uranium playThis uranium looks like it will be getting ready to move up again.
Last time worked out rlly well.
Seems to broke the trend line, will look for it to retest and go up before possibly. It also seems to have found support at this level.
No entry yet but waiting for confirmation. Hoping for the 50sma to bounce off the 200sma or cross it for a few days.
Risky.
DYOR
Pt: 3.30, 4.45,5.85
UEC head and shoulders formingRest in peace my long call. This pattern is very close to completion. I don't really expect a big turn around, but after many premature trades that didn't wait for the pattern; I'll be waiting for this to touch support before I make any decisions.
Video Analysis for UEC January 2022 - Very Bullish Ride expectedUEC - January 2022 -
I am pretty encouraged by what I am seeing between the CCI and the Horizontal support at $3.60. I haven't developed price targets but this is looking like a great entry anywhere between $3.20 and $4.00.
Please give me a thumbs up and leave feedback if you liked it and if you learned anything - Im always open to constructive criticism as well. Thanks for checking out this analysis.
Be sure to check out my profile for my other ideas, especially GME for January 2022.
The deal was closed UEC stock with a profit of 5.2% in a 2 WeeksAlhamdulillah , The deal was closed on UEC stock with a profit of 5.2% in a 2 weeks.
I wish good luck to everybody.
UEC reboundUEC rebounded from the .5 Fibonacci retracement level after forming a convincing support level there. It spend the last few days trading sideways before closing above the next, .618.
Between the low volume profile, the room in the RSI, and the convincing turn around, I have hope of closing these late January calls in the money.
