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 delve into the intricacies of NYSE:NXE 's recent performance and...
Canadian 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 project in the country. NexGen said it was the first company in more...
If you have been anticipating a resumption in the October rally, this may be the trigger. The SMH/SOX is the (I believe) the last of the major indicies to still have a gap left unfilled. If it closes today (or this week), then maybe we can get going to the upside. Some resource stocks have already started their ascent (GDX, SILJ, UUUU, UEC, NXE, etc.)
Uranium miners jumped over short-term resistance this morning (9 & 21 DSMAs). With strong volume at 11 am and support at 200 DSMA having held from two days ago, I'm looking for URA to maybe catch its breath at the 50 DSMA before pushing through and targeting 28 in September.
I bought NXE today at 4.05 after seeing this nice bull flag setup. I am targeting 5 as a sell target, approximating at 20% gain from my buy point, which could be undercut on Monday. Notice two days of significantly increased volume: 1st on attaining a higher high on 7/27, than again on 7/29 representing the breakout and follow through from the down sloping...
What is driving Uranium? China demand for power and Spot Uranium has increased from $34 to $42 in Sept 2021. Options flow for Cameco - Nov 19 put call ratio is .27, almost 4 to 1 calls to puts. over 19000 sitting in OI for $25 calls, 14000 in $28 calls. Other names to watch: URA, UUUU, NXE and UNRM.
$NXE is looking great on a Daily - pocking its head out of resistance. #uranium #uraniumsueeze
Chart looks great. Near term target is around $6
$NXE is against major resistance line. Once we break it fireworks. MACD crossed, both Stoch and RSI in an uptrend. Nice advance today. #uraniumsqueeze #uranium
Midline for Mod. Schiff PF aligns perfectly with resistance line somewhere between $4.22-$4.27 area. Break above this line will get this stock going to 52 wks. high. If it fails to break through we will be back at the bottom of the yellow line of Pitch fork. Considering all of the positive that takes place in uranium space right I am very bullish. Break above...
NXE property is right next to CCJ. Surprised CCJ did not buy them out by now. Oh well, this one has a huge potential. Bullish ascending triangle with with a bullish pattern insider of the triangle. We need to break $11-$4.27 resistance line. When we over this resistance line price target is $5.24 and time frame is April 15th 2021. I have a position, holding on...
Uranium explorer. Very Volatile. Playing the Comodity channel index buying/selling green flag
Cameco $CCJ structural trend change. Uranium stocks look set to outperform the market.
Harmonic bullish bat pattern in uranium price recently. Plus 10 year GANN cycle completed on June 30, 2017 exactly 10 years from the previous peak at June 30, 2007. So a harmonic bullish BAT pattern and a 10 year GANN (the greatest trader who ever lived ) cycle on June 30th ? I will take those odds any day. I am no expert in GANN, but these confluence of...