Position
CCJ : BASE 0 DURATION / POSITION TRADECameco (NYSE:CCJ) released a strong print ahead of market open, and followed up with a strong call, as the market leader points towards a narrowing supply/demand gap and increased willingness for utilities to contract at higher prices:
CATALYSTS :
McArthur River - CEO Gitzel indicated that there's no change to the Company's strategy of pre-selling future production; there's a home for the additional supply from McArthur's restart, and they will not be growing production to build inventory or sell into an oversupplied spot market.
Contracting - the company added 40m lbs to the contract book in the first month of 2022, as the fundamental backdrop for demand improved; additionally, the pandemic and depletion in Kazakhstan has brought security of supply challenges for customers; "contracting begets contracting" and Cameco expects continued opportunities to lock in favorable, long-term contracts throughout 2022.
Sprott - The emergence of a "financial market" buyer in late 2021, namely Sprott (OTCPK:SRUUF) soaked up a lot of spot-market supply and pushed up spot prices; however, spot buying also removed customer complacency and pushed longer-term contract prices higher.
Kazakhstan - both trade policy concerns and instability in Kazakhstan have focused buyers on the origin of supply and helped Cameco take market share.
Having struggled with an oversupplied market since Fukushima, it appears the uranium market is finally coming around for low-cost, long-lived producers in secure jurisdictions, like Cameco. With favorable policy likely to come out of the European Taxonomy proposals, the sector (NYSEARCA:URA) appears well positioned for a strong 2022.
SOURCE:
CCJ after the call -- after a decade, the market looks to be turning, shares up ~15%, Nathan Allen, Seeking Alpha, Feb. 09, 2022
seekingalpha.com
Uranium: Potential Trade Of The Decade, Gain Exposure With SRUUF, URNM, Live Hard Investing, Seeking Alpha, Feb. 10, 2022
seekingalpha.com
THREE positions for BTCGreetings everyone,
I apologize for my absence as I was on vacation. In Iran, we celebrate the festival of Nowruz which revolves around the appreciation of nature and the earth's rotation.
Now, let's shift our focus back to analyzing this magnificent coin!
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What happened to BTC before?
It reached the QML.
It started a sharp upward movement after a divergence on the MACD.
It exited the ascending channel, however, not very convincingly.
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What should we do now? (My prediction)
Step 1: It will touch the FL area and create a long position there. This will involve minimal movement and will only be based on the stop loss.
Entry: $26680
Target: $28200
Step 2: After this, it is expected to reach the trendline as shown on the chart. The target will be dynamic and will depend on following the price and trendline at the moment.
Step 3: Once it touches the QMC and QML, it will initiate a long movement until it reaches the target that I have shown.
LONG RNDRUSDTTrendline is holding nicely since January 2023. Als long as BTC holds above 25.350 I keep this position according to the following settings:
➡️ LONG RNDRUSDT
❇️ Entry: 1.875 - 2.038
☑️ Target 1: 2.288
☑️ Target 2: 2.600
☑️ Target 3: 2.950
☑️ Target 4: runner
⛔️ Stoploss: 1.812 -1ATR = 1.576
GOLD on 4h timeframeHi Guys,
Are you wondering what's next on gold ? here you go :
Gold is definitly for sell for next period up to next september on a long run which means we're buying sometimes from some good supports but our vision will be more bearish we'll start selling gold now until it breaks the supporting trend line then we'll buy for a retest with precaution after the retest is done around 1955 we'll start shorting again until 1880 levels where we expect the gold to change the trend so we'll buy until a second retest at 1991 LEVELS then that will be the best huge move down where we'll be 100% bearish big bears we'll then focus on selling gold until next september ! i hope this analysis will help you and guide your for this period ! follow our chart and make good profits !
trade safe !
BTC possible entry point with at least 1:10 risk reward ratio ! If you want to take a 1:10 risk-reward ratio do what I showed on the chart, but note that this method will have a lower success rate but with a higher profit. so, If you are an aggressive trader set the positions as I showed, but If you want to take a lower risk and lower profit with a higher success rate you can do what I wrote on the right side of the chart.
GOLD trading ideaHI.
Here's the next days Gold Map :
after the big move up we're expecting the gold to continue with a smal wave until 2042 levels then start shorting gold until 1986 where it is going to retest our broken triangle
then start big buys operations pay attention to the quick moves down to hit your Stops ! make sure you have good stop lossat least 5 dollars.
we expect the gold to respect the secondary up trend lineuntil 2176 it may accelerate and it may also goes slow it will depend on the market conditions but one thing is sure the gold is not yet to sell for the upcoming days.
trade safe and good luck to everyone!
USD/CAD LONG POSITION Hey guys, welcome back to our analyses.
We can see at the chart that the price action is in a region of demand since last week, refusing the breakout to a sell positions.
My personal idea and Not Financial advising is:
Point Entry: 1.33924
Take Profit: 1.35200
Stop Loss: 1.32494
We are using Fibonacci Strategy to the 61.80% point in the support zone to the next channel.