We are currently being controlled by our white buying continuation - we rejected off the top and have sold off in our controlled selling algorithms. Today we will be opening up right on top of the bottom of this white channel and will be interested to see if this can pick up price and break out of our strong selling purple. If that happens I will add to my current...
We've been eyeing this breakout since we started to prove sell-side tapering from our strong selling algo to our more tapered teal. Since then, we've seen healthy movement and if we're looking back to a year ago, we can see a similar pattern that formed prior to a larger breakout.
So here I am going to allow us to come back and retest white if that's what price...
With signs of tapering kicking in a month ago and our strong buying channels awaiting activation, we've been preparing for this breakout and finally got our entry last week!
There's plenty more room for this to go although we can see some immediate signs of resistance here at our tapered teal. Look for yellow strong buying continuation to continue to activate and...
I've been watching Centrus Energy (LEU) for the past few weeks considering they are a strong company and we're in a very strong controlled selling (yellow) algorithm for some time. I was waiting for a bullish sign of reversal prior to finding support at tapered blue - which we saw last week when price was picked up by teal buying continuation. We are now gapping...
I like what i'm seeing on the charts here. I will keep you all posted with further analysis as we see more movement here but at the bottom of this controlled selling channel I see good value for a potential quick move to $50.
📊 Company Overview:
Centrus Energy operates as a supplier of nuclear fuel for the global power industry.
💼 Potential Contract:
U.S. Department of Energy seeking bids for a domestic supply of enriched uranium fuel for next-gen reactors.
Centrus Energy considered a strong contender for the lucrative contract.
💰 Market Dynamics:
Increased demand for uranium,...
Small Crab spotted on the beach of $LEU. Beware of his mighty claw.
Some species of crabs are known for their remarkable ability to walk and even run sideways. This distinctive sideways motion is due to the structure of their legs, which allows them to move efficiently in a sideways direction. The way their legs are jointed and the orientation of their hip joints...
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,...
Various technical indicators are pointing towards an upward move. Fundementals as well, with a proliferation of bullish news catalysts in the nuclear/uranium sector. $LEU's low float causes it to quickly go up multiple times over when on a bull run. But it's a bucking bronco... will check back in. Trade safe.
As climate change becomes the focus for the world, countries want to reduce carbon emissions. Nuclear energy is key to attaining this.
Michael Burry had this image as his Twitter header for some time:
web.archive.org
But why Centrus Energy (LEU) out of all the other uranium stocks?
It's because Bill Gates' company TerraPower is collaborating with it.
And as we...
Their director bought for $5 million yesterday: openinsider.com
Even Democrats are coming around in regards to nuclear: www.facebook.com
Extra public offering: finance.yahoo.com
Local money savvy guy owns 18 000: www.aripaev.ee
Whether or not you think the corp formerly known as USEC is going to go bankrupt again, I've decided to help pour some copium on the wounds of traders and investors who've been tightly clutching diamonds in their hands during this whole ordeal. Yes the stock plummeted because it was overextended and there's low float, but also yes the CEO has been selling a ton of...
Centrus Energy looks interesting here after its breakout from scallop formation. Currently one of my favorite charts in the uranium sector. #uranium $LEU
After almost a year long of consolidation and flagging, Centrus Energy Corp moved impulsively on August 30th and begun flagging again for a larger move up. Backed by Uranium spot prices increasing due to physical accumulation, LEU held strong in range despite the market downturn as of late. Last Thursday and Friday LEU showed relative strength moving to highs not...
