Uranium
Short term Time frame on CURI am loving this stock, been a holder since July where it had a great run but slowly lost all momentum. Been moving great now. Here are my comments and where i see things going foward.
XNS URANIUM ONE DLT PARTHNERTouch down on previous pre breakout resistance, now support. (To be confirmed)
Power Up WorldWith the Vaccine soon to be Online this Chart is looking Fantastic. Covid Has put a Hurting on mines and production is gonna be in Full demand The worlds Power plant are in Great need Uranium.
So with some Volume Short term and long term Macro Chart Look like they are Warming up double Bottom cup Formation Handel to Lift off like to enter somewhere near 12.60 on volume
Uranium Participation about to rip upwards?Uranium suddenly came a life and U.Participation seems to be moving quite fast. I think it is possible that the stock moves in a similar impulse of its last push in symmetry, harmonics. If that happens the stock could go above the FIB projection lines, perhaps around/over $6 CAD.
It is quite strong now, lets wait and see in the next couple weeks.
I am changing this from neutral to bullish.
Uranium, not quite yet?Despite the multiyear lows in Uranium, it seems that stocks like U are not having enough capital to take it higher, in the opposite, investors are selling out to invest elsewhere, perhaps looking for more attractive yields.
I think Uranium Participation will revisit much lower levels, perhaps around $3.5 in 6-9 months, until the whole Uranium sector changes direction.
The uranium sector is showing mix signals with some indicators showing a break, but reality minor stocks such as U are struggling.
Getting in the Uranium marketBought shares at 0,20 € via Bank directly.
Was a pleasure being copied in advance.