CCJ leader of uranium. CCJ has been developing a text book Livermore Accumulation Cylinder. In the last uranium bull market CCJ developed this accumulation cylinder over 4 years from 2000-2004 and now its doing the same accumulation cylinder from 2020-2024. We are in the final flush out stage 7 before an explosive wave 8 up. The chart on the right shows...
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...
The typical Wave-2 target has been met. We have retraced more than 0.618 and as it looks right now we could be heading for the Wave 3. The 1.618 extension would make 300%+ possible. We have a confluence of resistance in this area in addition. One of the Uranium instruments that look quite attractive at these valuations.
it might cool off next year, i wouldn't suggest investing in uranium and thinking its a long term growth opportunity. stick to facebook, amazon, bitcoin, or google
I can't say that I've called a top using trendlines atop of a bullish trend, but I've seen a few others do it. With the rise in the dollar bringing mass bearishness to rest of the investment complex, a pause could bring some welcome relief. Anyway, I thought the timing might be relevant as important lower levels approach in $CL, $UX, and some metals, as well being...
Uranium futures are now tightening at the 21 MONTHLY moving average, above the 50 month moving average, and retesting the lows of 2014 and the highs of 2019. This is the type of signal I've been waiting for to pull the trigger. Here's an example of a small cap uranium miner I like: John Quakes is a great guy to follow on Twitter if you want to learn more...
Uranium Spot is respecting the arc with multiple touches across the last decade. At Present Uranium Spot has pushed through the supply demand Zone with is a very positive sign for the Uranium market bull case. There are two scenarios I see playing out over the coming months in relation to Spot. The Uranium spot prices will either follow Scenario A marked on the...
In the early 2000s, the flooding of the McArthur River and Cigar Lake mines were immediate black swan catalysts that further accelerated the existing bull market into a mania moving uranium spot prices to a peak of $150/lb in 2007. The flight to commodities as an inflation hedge following the Great Recession served as an additional catalyst underpinning the...
Despite current uranium minor sell off and lack of spot price movement we are still in an uptrend for uranium price. Recent article was about musical chairs - so music is currently playing and 1 of the parties will not have a chair when music stops.
The Uranium ETF has sustained an uptrend since March 2020, with is rise resembling other bullish stock markets. Perhaps the most important development is the formation of the Golden Cross (MA50 crossing above the MA200) on the 1W time-frame. The 1W MA50 (blue trend-line) has been the Resistance throughout its multi-year downtrend. Can it now provide Support for a...
Denison is form an ascending, broadening wedge. We could see one last hooray to 2,5$ until a deeper short term correction is overdue. 2,5$ would be around 300% distance from the 200 MA.
UX1! is looking to make previous resistance new support as new price strength indicates bullish territory.
Break up from downtrend. Retest of downtrend. And now in the upper line of blue uptrend. If a closure above the blue upward-trend-channel could established, then it will become more exciting in the next months/years. A close above the $33.25 resistance level of P3 at the end of the month/quarter would be important. How do you see that? Greetings Stefan Bode
All 3 bullish resistances are broken. This could have started a superior bull market. First target at breakout and confirmation of the subordinate trend channel is the $40 where the superior downtrend channel is located. #Uranium - Can uranium make the breakout strike at $40? #ux1!
The bear market of spot Uranium has dragged down the price of the subsequent uranium miner stocks, including UUUU . This stock in particular experienced a very steep mark down period during the time of the Fukushima reactor meltdown. This event left a bad taste in the mouth and as a result, many stepped away from using nuclear energy to the same extent to meet...