Uranium LONG URA, NexGen Energy
Updated
This is one for the long term. Uranium went from 150$ to 18$ and is now trading at 27$.
Broke out above it's 200 weekly MA and 200 daily MA.
Seems to be breaking out of its black support/resitence line. and respecting it's red uptrend since 2017.
Uranium is also 'clean energy' with no/low CO² pollution.
Countries are still building more nuclear power plants.
Science and technology is still advancing in a positive manner. Less waste, more efficiënt,
Buy 27-25
Target 32 - 40 - ?
Breaking back down under 24 would be really bearish
Broke out above it's 200 weekly MA and 200 daily MA.
Seems to be breaking out of its black support/resitence line. and respecting it's red uptrend since 2017.
Uranium is also 'clean energy' with no/low CO² pollution.
Countries are still building more nuclear power plants.
Science and technology is still advancing in a positive manner. Less waste, more efficiënt,
Buy 27-25
Target 32 - 40 - ?
Breaking back down under 24 would be really bearish
Note
Target 1 reached!!
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