I'd buy this if I were youBig play on Uranium. This company owns massive Uranium and Cobalt deposits (Cobalt is needed for electrical car batteries)
Company just got funded for another 18 months, which I think is long enough before the coming Cobalt/Uranium boom (at least one of them if not both)
50-1000x play here.
URA
$URA Prolonged consolidation or bullish bias?Fundamental - uranium has declined in price from its inception because of simple supply and demand. URA has now been in a consolidation pattern since 14 Oct 2015. Supply have meet demand in the zone of primarily 11.57 to 16.31. The bullish bias comes from uranium miners first making profit when price reaches 20. Therefore some uranium miners have been shutting down their operation until a price hike. Japan could be opening new facilities to enrich they energy supply to the mainland after they haven been open to it in public forums.
First trade
A rise over 16.31 makes a bullish entry with a stop loss at 11.57 and TP levels at 20 and 23.93 (support and resistance levels formed before consolidaton formation).
Second trade
TSI supports short term bullish momentum and entry on the price now and sell if it doesn`t break 16.31!
URA long term uranium playSitting at support waiting for you to start accumulating. Uranium is a long term play, I'll hold for 10-15 years. Lot of FUD surrounding nuclear, but that will change eventually. I'll be patient.
URANIUM - ETF - Uranium due for a Long - The pattern will continue to form, if it breaks below lows, we sell, looking for a buy pattern in this oversold etf.
forgotten and undervalued ETFPay attention to Uranium futures, correlation is obvious but right now we have divergence which should be reduce. UX1! is very bullish.
We are 90% down from the top, descending trinagle ends in december. I think this is a good moment to get in.
SL -10%, exit in case of second Chernobyl disaster.
Peace.
RF
LONG quintuple bottomThis uranium ETF has hit its multi year support again. Long on the next 3 day high $UUUU $UEC $CCJ
$URACharting uranium is fun.
Listing around 130$ per, began to drop, respecting that best-fit line all the way down.
Ranges, ranges, dropping until we bottomed out, and have since been accumulating.
Fib extension matches perfect w/ a range I drew, RSI bouncing off support trend.
Not sure as to why we'll see 45$ again fundamentally, but the chart says it looks good.
URA long idea (NYSE)Uranium ETF showing a nice consolidation in price. good r/r here, waiting for ultimate break out over 16.50 $URA $UUUU $CCJ $UEC
Uranium price is slowly taking off so this ETF should as wellUranium price is slowly taking off so this ETF should as well
Uranium 2019 LongUranium 2019 Long
-huge 2017 accumulation
-in accumulation zone
-in 1/1 gann fan area
URA Uranium Potential BreakoutLets keep it simple! ish..
A few things to note about uranium...
One of the most over looked assets.
Most energy efficient source.
With crypto currency mining, and other increases in electricity use, will increase demand for alternative energy. (isn't that what everyone's striving for? alternative energy?)
Look at this beautiful chart, bouncing at the bottom around 11.50 respecting it for almost 3 years now. This is massive accumulation, which is also coming to the end of its wedge and 8 year downtrend. We will see action new years.
Also the WEEKLY has squeezed and fired long, technically confirmed with the positive momentum on the last week close.
The MONTHLY around 2016 was one of the only god mode buy signals in the history of URA, at 11.30ish bottom at that time. (Not the best indication, but its there to look at)
With all the low key news about uranium, trump supporting alternative energy, and a large amount of nuclear reactors being constructed, reopened and planned for, the signs are there.
Also the supply of uranium has been reduced drastically by the suppliers, to ultimately increase price and demand. Were floating at the "cost of production" price, which cant really go lower.
Im long term on URA, this is a 3 year minimum hold for me, ill be accumulating 11 to 13 area until a breakout or stop loss right under 10.
Happy trading, its never legal advice, I want everyone to win!
Cameco Looks Ready For A Breakout.CCJ looks prone to a volatility spike to the upside. It could finish the year closing in on the multi year downtrend resistance level.
Quadruple bottom on URAURA is bounce of a 4th bottom on the weekly at that price line. Long via uranium related companies. Could be a new trend starting with fundamental aspect of decreased output of uramium in Kazakhstan.
LONG EFR.ca (TSX). UUUU (NYSE)Long set up on the weekly on this uranium stock. With uranium at multidecade lows and production cuts this could be a great r/r once it breaks above the downward trend line. Weekly 10MA above the 30MA
Multi-year accumulation in UraniumHop into the train before it is too late. Probably the monster trade for the next 5 years.
URA: GLOBAL X URANIUM ETFTechnical view on the weekly chart. We can see how prices are now trading above its 50-EMA and seems closing above the 100-EMA. Next target and probable resistance; 200-EMA near $22.20/$23.50 level.
