Uranium
UUUU Can Benefit Long Term LongThere are several stocks that are worth considering in this bottoming of the Uranium cycle. Some have better looking charts than others, and some have held up better than others. Yet, I've decided to go with $UUUU, even though it has not held up best thus far.
Technically, we may have just seen a capitulation-esque move, setting up the last best chance to get in. I was able to average in on January 31 for $1.41... (bringing my average entry to $1.71) but am posting this now at $1.68.
There is bullish divergence set up on this weekly chart with MACD and RSI printing a higher low, coinciding with the most recent low in price.
Also, see the yellow line for average volume, which has clearly ticked up since 2017 levels and the notable spike since June 2018.
This all looks very bullish to me long term.
I don't have a target in mind yet, but buying and holding unless and until there is a monthly close below $1.20.
Fundamentally, Energy Fuels (UUUU) not only can benefit from the long term resurgence of Uranium, but also is positioned to benefit from its Vanadium.
These prospects are increased all the more by the global push for the 'green' economy... regardless of the actual merits behind such push.
A recent short video from Francis Hunt is titled " Oil is Dying ".
Why fight the big money?
May this post be of use to you.
In God's Will
UIOGD - JMJ
UUUU looks like .73 will be a good buy long term , so more pain b4 more pleasure with the uuuu, but seems like american uranium is going to lag due to tighter legislation, I am leaning more towards Global Atomic and Bannerman also Cameco ,& Fission as part of my portfolio. I will be starting this portfolio this year as I feel that bottom is almost in for this sector & 2020-2021 is the best time to accumulate for the mega bull in 2022-2030.
URANIUM ETF Cboe ( $URA 1M) uranium prices can go nuclear !One random stranger on internet (John Polomny) said that uranium commodity price is ready to begin a new cycle I agree.
Those of you that follow me knows that I like to buy things low to sell them high.
I can’t speak for the spot price but today I will give my view on the Uranium ETF from CBOE.
This particular ETF is in a monthly downtrend since 2011 which culminate in JAN 2016.
From there we can se the beginning of a bullish divergence on the monthly RSI and a significant uptick in volumes in JAN 2017.
From there the price slowly decreasing while volumes are also decreasing in a structure that I speculate can be read as a falling wedge .
I must agree that in first look at the structure it looks like a descending triangle
but to me (in retrospect) it makes more sense to draw it as a falling wedge due to the volume signature during the pattern.
falling wedge can be meet at the end of a trend either as continuation pattern or as reversal pattern depending on the direction of the breakout.
Breakout if bullish should be characterized by huge volume and of course huge green candle
We are still to early to begin to talk about entry point, targets and stop loss. I’m first waiting to see a clear breakout + monthly trend reversal (higher lows and higher highs) but I will definitely keep a eye on this.
As time goes by, I will keep you updated on the evolution of the asset, so make sure to follow me on Tradingview
Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
PS: I cannot emphasize enough the risk associated with the activity of trading ETF due to the imaginary nature of all paper contracts, the reason why I prefer mainly trading cryptocurrencies instead of more “traditional” assets. On the other end without total systemic collapse it can quickly become a good trade opportunity .
UEXCFlooking at UEX Corp a uranium company that looks to have finally bottomed, support around .075c 200ema W1 around .18c has broken out of the massive falling channel for 3 years. Has my attention
Long-term uranium mining betI've been watching Cameco and the uranium mining market in general for years. It's about time to start building my position.
In the past, I was interested in URA ETF , but I am not happy about what assets they put into the basket. Ideally, I would invest in the ETF tracking the uranium price. Since it's impossible, the next closest thing is uranium mining. I am not interested in all uranium-related businesses since they also depend on a variety of other factors. This is why Cameco alone offers, in my opinion, better exposure to the uranium price than URA ETF , not to mention the lack of managing fees.
The intention here is to build a long-term position and collect some dividends in the meantime. If the price keeps falling, I am happy to continue accumulation (possibly including smaller mining stocks as well).
The negative sentiment on the uranium market will end eventually, and I am happy to grow my position along the way. Uranium represents many ideas I have on the current market. My favorite is the growing demand for green energy. Nuclear power is one of the few sound alternatives to fossil fuels, and probably the most realistic one.
What Would Happen To Uranium Stocks If World War 3 Breaks out?Uranium stocks are down 95% from their peak. There has been no energy source that has a better efficiency . Nuclear Power plants are better IMO. They about 1.5 to 2 times more as natural gas and coal units, and 2.5 to 3.5 times more reliable than wind and solar plants. Furthermore Iran cancelled it's Nuclear. Well guess what? Nuclear Bombs are made out of Uranium. This is a bull market waiting to go bezerk as the main focus is who has the biggest Nuclear Bomb.
Combined with some simple Elliot Wave analysis we have a descending wedge. We already broke this wedge with GVXXF, and this will also happen with NXE.
Very bullish price action on this uranium stockThis stock is testing a 3 year trend line on the weekly time frame while building a strong 12 month base at the .15 cent level. That is bullish. Some may argue it has already broken out, but from my vantage point, it will sometime in the next week or two.
COLD WAR 2.0 / WW3 / NUCLEAR HOLOCAUST investingThis is what a market bottom could look like.
Currently some nice rsi bullish div. Looking like it is in a bull flag. Appear to have had our capitulatory move. Fundamentally speaking we are working our way to the end of the world so we can see a catalyst like a nuclear arms race or world war breaking out. Is this chart the hourglass for humanity?
If we break the green line and can close above $11.74 this is my buy signal and the hour glass will begin.
Stop loss will be if we break the low at $10.
10% risk for possible 10x reward IMO.
Significant levels are the white lines.
Doomsday clock in a chart.
Like and follow if you don't wanna die.
G-D HELP US
UUUU - A Levered Play on the Uranium MarketThe bear market of spot Uranium has dragged down the price of the subsequent uranium miner stocks, including UUUU . This stock in particular experienced a very steep mark down period during the time of the Fukushima reactor meltdown. This event left a bad taste in the mouth and as a result, many stepped away from using nuclear energy to the same extent to meet energy demand.
In 2016, we saw a 'base' establish for the stock right around $1.35. As the market structure stands, this is the bottom end of our accumulation range. The upper end of this range is at about $2.35.
Mid-2018, we saw a market expansion take place as price tested the upper end of our range, and surpass it. When price exceeded $2.35, a lot of attention and capital started to flow into the Uranium market, the market makers unloaded shares for about a year, then sent price back down into our accumulation range.
Today we are seeing a lot of choppiness, as bulls and bears battle it out.
Overall, I see a lot of room for growth in this sector, especially during a time of clean energy promotion. I believe nuclear energy will be the answer to the demand for clean energy.
I have a price target of $5.28 by 2022. An entry at $1.35 would give an incredible R/R of 3.94/0.0064. An upside of 400% and a downside of about 10% if market structure breaks.
Beware of the volatility, and search for a safe entry.
Fission Today CEO Dev Randhawa bought 50,000 shares to bring his holdings to nearly 5 Million shares &
President/COO Ross McElroy added 15,000 to his over 2 Million shares.
Are we closing in on the bottom?
I’m almost ALL-IN enCore Energy Corp !Around €10.000.000 marketcap, 138 million total outstanding shares, an all-star team (probably the best for a smaller company) and 200-400 million lbs of uranium below their feet, while sold the biggest US based uranium resource in history for about €1.250.000.000 (more than 120x enCore’s current value). I’m truely obsessed by this company and having a big stake, farout my biggest holding. Will see a 20-100x or more within 3-5 years, very very little risk
Uranium Participation (U)Probably reached bottom here, should follow uranium’s spotprice, seems to find at a horizontal support at the daily chart