Uranium price is slowly taking off so this ETF should as well
Uranium 2019 Long -huge 2017 accumulation -in accumulation zone -in 1/1 gann fan area
Nice bull flag/ascending triangle set up. Bounced off 15 week EMA today to close above it and also 30 week EMA. With Uranium spot prices improving, a breakout above 19.5c looks likely!
Lets 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...
Alright lads. Take a good look at this bad boy. Long City
CCJ looks prone to a volatility spike to the upside. It could finish the year closing in on the multi year downtrend resistance level.
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This idea show how my script work. To learn more contact me there or my email n.ww@ro.ru........ cuu.su
This idea show how my script work. To learn more contact me there or my email n.ww@ro.ru.... cuu.su
Hop into the train before it is too late. Probably the monster trade for the next 5 years.
IF you are long Uranium stocks or ETF tighten stops
Uranium looks like it is gearing up toward a fair amount of upside in the coming year(s).
Technical 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.
Maybe u have allready heared the good news for Uranium. Cameco CCJ has shut down its largest mine. This accounts to 10% of global Production. Together with another cut from other companies this totals 15%!! France was going to stop relying on nuclear power. It came back on that promise and will continue to build nuclear power facilities. Asia has a...