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Uranium

URANIUM - URA - MED/LONG TERM STRAT BUYLooking at the daily picture, we can identify several important information : 1) caught in a $ 23.00 - $ 25.50 trading range 2) mix of a double bottom and double top 3) currently below the Mid Bollinger Band 4) in the middle of the sideways trading range above mentioned. 5) supported by the former uptrend support line (in green) 6) still below the ongoing resistance line (in blue) Nevertheless, recent price action from the former high @ $ 28.68 towards $ 23.00 should be seen as an healthy consolidation move and not as a trend reversal. Therefore, having in mind a med/long term buy strategy, dips should be seen as a good opportunity to increase the existing long exposure for those who are already long or to initiate new positions for the others. TRUST ME.. there is a STRONG STORY behind and it is only the beginning of the story... Have a look at the monthly picture and you will see the upside potential, it is huge !!! Last but not least, the better vehicle to invest in the URANIUM theme is the following : Strategy Certificate on U3O8 RENAISSANCE Portfolio Underlying: U3O8 RENAISSANCE Portfolio SSPA/EUSIPA Product Type Tracker Certificates (1300) ISIN: CH0441692628 /Valor: 44169262 Last price (05.10.2021) $ 1'987.05 Best Ironman8848
AMEX:URALong
by Ironman8848
URANIUM is filling the gaps on a long-term bullish trendThis is an update to my April 2021 idea on the Uranium ETF: As you see, the price rallied following March's Golden Cross on the 1W chart and so far the 1W MA50 (blue trend-line) has been holding as Support (which was my biggest concern back then), offering a great dip buy opportunity on August 16. What's even more interesting is that the asset has been filling gap after gap on the Lower Highs of last decade's bear trend. The next one is at 39.00. Be ready to take advantage of the next 1W MA50 dip. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
AMEX:URALong
by TradingShot
1
what do you think of CCJ? short term. down as far as 18?what do you think of CCj by mid october, novemberish? i think (for now) continued down trend. i charted this head and shoulder pattern before break out, link it below. var tradingview_embed_options = {}; tradingview_embed_options.width = '640'; tradingview_embed_options.height = '400'; tradingview_embed_options.chart = 'fFJ3VWfd'; new TradingView.chart(tradingview_embed_options); CCJ... are we destined to repeat the past? by Benz951 on TradingView.com
NYSE:CCJShort
by Jbridgez
Metals/Energy - MGAModel Forecast for Mega Uranium Ltd.: - Model has produced a Line of Least Resistance. - Mega Uranium Ltd. is a uranium mining and development company which explores for prospective properties primarily in Australia and Canada. - This is a second wave "junior" that has been in existence since 1990 with a promising balance sheet. - We believe that a macro turn is upon us and we are extremely bullish on uranium, renewable, and nuclear energy. There is a non-trivial probability that uranium juniors will yield the greatest gains out of all stocks in this full cycle. - With a shift toward renewable energy solutions, we expect a global interest toward nuclear energy, causing a boom in the sector. - With the level of stimulus projected by 2030, and the global direction until 2050, we expect necessary funds to be raised capital expenditures in the sector to be spent aggressively, with the backing of national interests. - Should the company acquire a mining project, the stock will yield outsized gains. - Price is technically breaking out of a Cup & Handle, and is likely to test the top of a channel established since the 2010's. "For the juniors, there are three possible fates: 1. Most common is a failure, which leaves a hole in everyone's pocket, including that of the banks and investors. 2. The second fate occurs when a junior has enough success to justify a major paying a decent premium to gobble it up, leading to decent returns all around. 3. In the third and most rare fate, a junior finds a large deposit of a mineral that the market wants a lot of – it is a magical combination of the right deposit at the right time. When this happens, juniors can return more in a few days than a major will return in years." - Investopedia - Interestingly, the company sold its assets in Canada to NexGen Energy (NXN.V) for a 40%~ equity interest in NexGen. - We believe that a time is approaching such that companies in all sectors, especially in the mining sector to relentlessly undergo mergers & acquisitions, in a race to become "Too Big To Fail" and obtain the blessing of government subsidization. - MGA may be giving signals for a potential M&A with NexGen, and in such case, investors will benefit greatly, as NexGen is also a very appealing company. - In the case that MGA finds a new deposit, investors will again benefit. Investors must simply be patient, as global interest will sustain promising juniors until they succeed during a boom. - We speculate that the lumber squeeze that is currently occurring is only a small teaser for the supply squeeze in energy commodities to come. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
OTC:MGAFFLong
by UnknownUnicorn1043646
5