Uranium
UR Energy - Breakout Means SCOTCHstocks TargetA breakout of the bullish pennant would trigger a SCOTCHstocks target range for AMEX:URG of $1.80 - $1.96.
Everything shared here is my own opinion and no results are guaranteed. Good luck!
Standard Uranium: Uranium Explorer in the Athabasca Basin This company has begun its drilling in a uranium rich region in northern Saskatchewan Canada. The neighbouring explorers found Uranium on the same geological structures. These companies stocks went up 10-20X after releasing the discovery. Uranium is in hot demand right now on the lowlow. Life changing money here if they get good results.
CCJ Elliot Wave analysis CCJ very strong company fundamentally with very strong assets. Uranium bullmarket started this year and will continue for the next decade as electricity will be in high demand. Nuclear energy will be inevitable. CCJ is the worlds biggest publicly traded uranium company.
PT shortterm $35-37
PT longterm $60-100> depends on agression of uranium bullmarket..
~slippe
DNN Elliot Wave analysisFundamentally not a very good company. Not profitable currently. DNN is getting caught up in the uranium bullmarket explaining the increase. DNN has some big projects starting up and with increase of uranium demand the company has a very good shot at getting profitable in the medium term. (Note: stockdillution will probably not happen because DNN has internal sources of cash flow from the management of the Uranium Participation Corp. and Denison's Closed Mines Services.)
PT shortterm $3.30 (based on elliotwave)
PT longterm ?? can DNN become profitable? How agressive will uranium bullmarket be?
~slippe
Denison Mines - One Last hoorah?Denison is form an ascending, broadening wedge. We could see one last hooray to 2,5$ until a deeper short term correction is overdue. 2,5$ would be around 300% distance from the 200 MA.
MT/LT UUUU MapBullish on this stock having now acheived over 200% from initial entry I am letting this ride the USA Uranium and REE narratives as they bothe develop independently. I'll update with smaller levels of technical resistance as it progresses, has space to run free with pullbacks until 7.80 , once confidently above 8 we have a clear tun to 20 in sight, see channel intersections with resistances to see potential dates of challenges.
$UUUU Long UraniumWatching the gap below and the key fib level at 1.618 as key support for the next leg up.
If the length that it took for wave 1 continues for a wave 3, we will see wave 5 around 9.5-10 dollars by the end of June or beginning of July
Uranium Cycle in its Early InningsUranium is in the early stages of building a bullish regime of volatility over a Tail duration. It currently already has that over a trend duration.
You need to be taking full advantage of dips in this environment. Buy the damn dip.
$CCJ AccumulationCameco under accumulation from 2016. U spot increasing should do very weel over next 5 year IMO
UUUU Trade IdeaPreviously caught the breakout, nailed the 100% gain, will push for another 50% to top of the channel.
REE and Uranium producer, good LT hold as well for green energy/commodity boom.
Nexgen LongI have been waiting for a clear signal from the uranium industry for a while now, and it's hard to ask for a better set-up than what we are seeing on Nexgen. First we have a capitulation zone (red square) and then a bar close inside the range. Then we have a break out to the upside from the channel, followed by a successful retracement and new highs. Holding this for a few years most likely, but I wouldn't be surprised if this turned into a 5 or 10 bagger.
CCJ long to the top of the channelCCJ (Cameco) looks very attractive at this price point. With a green close today, CCJ could keep climbing until the psychological $15 level. Cameco may perform very well in 2021.
UraniumSimple bullish trend channel has emerged the last two years.
Supply is hurting, covid 19 has made it worse.
First time since 1970 both parties in the USA is pro nuclear.
50-60 dollar uranium is needed to make new mining economical.
12% of world energy is nucelar.
Small downside big uppside, miners and other stocks is a asymetrical way to play the 50-60 dollar price range.
Cameco Ideal correction priceWill see if this holds but it does check some boxes for me except the most important -> bullish confirmation.
not financial advice
Nearing "back the truck up" for CCJStock is close to finishing a retracement of its recent run-up.
Fib retracement of 0.5 is $11.91 and trend support around $11.91 and 50dma at $12.06.
With good support likely at those levels and a fib extension >$15.63 creates a good asymmetric entry in the low $12 range.
PDN / PaladinAUD on the rise with commodities turning up in a new green economy. Uranium is going to shine. The path is altered from the last time PDN broke through the equivalent fib channel levels, remarkably similar trajectory, so I just altered the pullbacks to better respect these levels as we are breaking out at a slightly higher price level. I expect this to be one of my best this year. Initiated yesterday.
Zoom out, Chill out.
☢️ UUUU launch soon?Last month breakout of the multi-year base since 2015, retraced 0.382 today and bounce off immediately -- expect 🚀 in following months
Uranium Bull market contender.A lot of uranium small caps are looking like this pattern. Should be more confirmation of the strong bull commodities run.
