If we head higher from these levels, and if we continue upwards, like many other uranium plays at the moment...we could reach a 10:1 RR Fib-Extension 1.618 is pointing towards 10 $ High Risk High Reward?
Centruy Energy looks quite goot at this level. Lets look at the longer timeframe. Stoch RSI looks to turn up. We are breaking throught the 36M SMA and 12M SMA, as it seems. Momentum has been reset in addition. A more convervative view would be the monthly resistance Zone with around 195% upside. 300% sounds unrealistic? - The company was valued the same 2013,...
Lets look at the longer timeframe. Stoch RSI looks to turn up. We are breaking throught the 36M SMA and 12M SMA, as it seems. Momentum has been reset in addition. 300% sounds unrealistic? - The company was valued the same 2011, that`s why we have a confluence of resistance in this area in addition. One of the Uranium instruments that look quite attractive at...
Look at AMEX:URA current breakout. I''M LONG URA
Risk to reward will look quite good. and 40$ should be achieved. After the breakout (the red dotted line)
there might be a little more room to the downside, before we continue with wave 2
Nearing the resolution. Could be the low. but.. It might as well retest point E (wave 4)
posting this up to see where it is in the future.... Uranium is bullish. Miners of Uranium should also show bullish activity.
Uranium Fundamentals and Thematic backdrop set for bullish decade after many years of muted price action in uranium spot prices. Miners are currently showing capital outlay at prices that are lower than cost of production. (over supply and stockpiles from Cold war and interest in alternative green energies) Denison is a serious player in the space and will be...
Uranium miners are breaking out of downward sloping resistance trend line. If the world is serious about going green then nuclear will have a big part to play and the world needs uranium.
UUUU ain't gonna make it over this resistance. Back to support before massive run.
1. Bullish pennant forming 2. Target is $42.76 3. Support tested and held
NASDAQ:UROY On the daily chart UROY which is a uranium royalty play is at a three month long. Outlook is good when energy costs are rising and uraniums is widely considered more green than Oil, natural gas and other CO2 producing fuels. The RSI Oscillator is in mid-range. Within the past few days, a high spike of buying volume is noted. A Doji candle...
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.
Global X Uranium ETF ( AMEX:URA ) Sector: Miscellaneous (Investments Trusts/Mutual Funds) Market Capitalization: $ -- Current Price: $21.60 Breakout Price: $21.80 Buy Zone (Top/Bottom Range): $21.45-$19.85 Price Target: $22.80-$23.20 (1st), $25.90-$26.50 (2nd) Estimated Duration to Target: 30-32d (1st), 99-106d (2nd) Contract of Interest: $URA 9/16/22 22c,...
A great swing idea in a major uranium player. At major support. Looking to for a push higher once the squeeze fires.
What the market is presenting: Neckline kiss setup Daily view shows one year distribution pattern Weekly view shows massive double top pattern You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas