UEC in the past several days has put in a double and bottom appears to be gaining bullish
momentum based on the trend angle from today. The volatility indicator triggered buying
price pressure five days ago as shown on the indicator and encirled. the volatility of yesterday
and today may be shorts covering to close synergized with new buyers. The uranium...
UEC is a uranium company somewhat independent of the oil, solar and lithium stocks that
dominate the energy sector. Nuclear is touted as green and not contributory to climate change
with no carbon impact. It pollution or radioactivity is self-contained and isolated with heavy
regulatory safeguards All that said, a few days ago analysts at Eight Capital...
Trying out the trading volume on large gainers. My hypothesis is that since they had such high trading volume the previous day,It's either due for a retracemnt or extension and I'll determine that by what the technical story tells me.
Fundamentals: This had a trading volume on Friday of 29.117M and on average has 7.296M
Technicals: Gap In price movement, so it...
The previous day’s close for UEC stock was $6.07, and it opened slightly lower at $6.06. Throughout the day, the stock experienced a range between $5.93 and $6.09. The trading volume for the day was 7,439 shares. The market capitalization for UEC is currently valued at $2.2 billion.
When examining the company’s earnings growth, it is evident that UEC has faced...
Hello,
I was deciding between UEC and CCJ, and picked UEC, it had a higher ADR and I got lucky it came back for me to get in. I have been reading China is looking to heavily invest in nuclear energy, the sector gained some volume so I watched it and got in. Now I am just wondering where I am going to get out.
Hi, this is an update, and a reminder to just look at this chart. Uranium energy concatenated with the underlying future. 1.20 target. UX will be over $100 in a jiffy. People are kidding themselves, and underestimating how big this U era, epoch is going to be, but I know. Strap in or strap on, whichever you prefer.
Hi, update on this pair, which I’ve covered before. I claimed prior that the pair target was 1, but the more I study it, the target is 1.5. This is critical data, and it can become intelligence if you know what to do with it. Otherwise, it just stays data. Just as BTC next swing high target is $130,000 implied by btc miners such as Riot, so to is UEC $675...
Uranium Energy fib channel and target zones. UEC/CCJ points to 1.5. My target for cameco is $450, so 1.5x cameco is $675 UEC theoretical. That roughly aligns with the top of the fib channel. Typically, I sell above the .618 for stocks, and above the .786 for cryptos. Long runway ahead guys for Uranium.
Comparing UEC to the spot, and finding ascending triangle with a target above 1. That’s price parity to spot. My other target ratio for UEC is parity to Cameco, which sounds like a longshot, until you compare UEC/CCJ and find ascending triangle with target at 1:1. May the force be with you.
Buy Aug-18-23 3.5 Puts @ 0.1 Limit to Open
Buy Sep-15-23 3 Puts @ 0.05 Limit to Open
At resistance, oscillators overbought. Chance it may fakeout and go upside.
Entry - 3.22
1st PT - 3.44 - 3.54
2nd PT - 3.71 - 3.75
OPT - anything above 3.90
SL - 3.09
UEC on a medium time trendline.
Positive news from EU and another USA bill to ban Russian uranium.
Stock back to daily base.
RSI could be better.
CCI low.
Momentum starts to pick up.
