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Uranium

Uranium Energy Corp (NASDAQ: UEC) In-depth Analysis The previous day’s close for UEC stock was $6.07, and it opened slightly lower at $6.06. Throughout the day, the stock experienced a range between $5.93 and $6.09. The trading volume for the day was 7,439 shares. The market capitalization for UEC is currently valued at $2.2 billion. When examining the company’s earnings growth, it is evident that UEC has faced challenges in recent years. The earnings growth for the last year was reported at -146.91%, while the earnings growth for this year stands at -266.67%. In contrast to the negative earnings growth, UEC experienced a significant revenue growth of 609.77% in the last year. In terms of the company’s financial performance in the previous year, UEC reported an annual revenue of $164.4 million, but unfortunately, it incurred a net loss of -$3.3 million. The net profit margin for UEC is -2.01%. Price Momentum UEC is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
AMEX:UECLong
by DEXWireNews
The 1. Chapter of Cameco - Long - It shines and its dangerous Long scenario for Cameco. Fundamentals: Second biggest Uranium producer in the world. Based in Canada. While Russia (on Position 6 ) and Ukraine (Position 9) are fighting a war + sanctions against Russia. TA: Could see something like the orange arrow happening. A far safer approach would be to wait for a break of Level 1. However as i´m willing to hold this position for quite some time + watching my risk management. Requirments: - none Invalidation: - none. Willing to hold it for a long time. - Would be considering partially closing my position if price went lower than the yearly open and generating lower swings. Good luck
NYSE:CCJLong
by a_tale_of_bulls_and_bears
$92e This is not a bullish chart BUT.... Its a Uranium Explorer, which makes its extremely volatile and prone to huge price movements just like back in August 2021 it moved 430 % in 5 weeks. Explosive, At the moment 2021 Yearly OPEN and the 2022 Yearly low are CAPPING the price action. This level has acted as an S/R level 6 times on the weekly TF and is being respected greatly. SO we have to take notice. What's interesting to me is the volume has picked up greatly since July 23 once that Key level broke. I think this is starting a capitulation phase and the question you need to ask yourself is. Who is on the opposite side of the selling pressure under this level. Im personally looking to accumulate a small position in this under this key level, and More if it breaks above the "breakout" line marked on the chart. But like before it may just go and go hard and not give the opportunity to ape in on the breakout. This thing is extremely risky so if all gets lost well so be it. Prudent risk management is key and to not oversize.
9Long
by gillman_hugh
2
URNM: Immediate potential to 55+, but if price breaks 10w MA......I cannot rule-out one final macro-decline wave towards support area 25-20. I like the impulsive move from Mar. 2020 bottom towards Nov 2021 top, that had almost perfect match with the key Fibonacci retracements. Especially notice how Nov top at 51.75 coincides with 1.00% ext of wave (1) projected from wave (4) and near first key resistance zone of 1.764% (of w.(1) from wave (2)). Though the long lasting correction from Nov'21 highs doesn't look finished, due to advance from mid-term Jul'22 lows having yet only three waves, I still can entertain bullish (diagonal) set-up if price manages to hold 10W MA, consolidate around Sep'23 highs and break out above 50 resistance line (as per the green count). I also like how price got volume support while touching the 10W during local correction from the Sep'23 highs, showing that there is potential interest from institutional money around that area. Trading plan: I have entered initial long position, with todays break-out above the cheat pivot area of 44.75. I will be quick exiting with small single digits loss, if price will be able to follow through the following days. Important notice: Elliot waves and fibonacci retracements are a very subjective form of analysis and I don't personally trade out of them. I use them only for the purpose of gauging structural potential of any assets, that allows me to put more confidence when low-risk trading set-up emerges. Author's personal multi-years trading experience convinced him that analysis and opinion doesn't pay, only price pays and that one shall not ever argue with price.
AMEX:URNM
by artemfedorov
Uranium demand is looking bullish, can #CCJ continue to rally? With COMEX:UX1! spot prices surging by nearly 50%, the performance of NYSE:CCJ has been nothing short of remarkable since it broke out of the wedge pattern in June this year. A significant increase in trading volume further exemplifies this rally. As uranium spot prices continue to show potential for further gains, the question arises: can NYSE:CCJ sustain its upward momentum? Several indicators suggest a positive outlook. 1. The MACD (Moving Average Convergence Divergence) has recently formed a bullish crossover, signalling strong momentum in favour of the bulls. 2. Additionally, the stock is currently positioned at the 50-day moving average. 3. Furthermore, NYSE:CCJ has successfully tested the $36 resistance level, which has now turned into support, making for a robust double-bottom pattern. All of these technical signals point to a favourable long position. Investors speculating on NYSE:CCJ at this juncture may stand to gain healthy profits if the current trends persist.
NYSE:CCJLong
by sajalgoelin
Yellowcake PLC making moves Yellowcake Plc - OTC:YLLXF - $6.64 ps - Potential Ascending Triangle with breakout and a re-test of underside support The beauty of all of these stocks is that the ETF has broken out into an upward trend and now some large and smaller Uranium miners are also breaking out with similar patterns of pennant breakouts and ascending triangle breakouts. We do have overbought RSI so its critical to have tight stop losses set under the base of all moves. Interestingly Light Crude Oil looks to be bouncing at the moment too, as is Gold and Silver. Commodities really are starting to glow and no wonder with currency risk on everyone's minds. PUKA
OTC:YLLXF
by PukaCharts
Uranium Mining OutlookURA in a 3rd wave and could possibly have topped here at the 28, but it also could be setting up higher for a 5th wave finish 32-36 area. When I first looked at it, I saw the possibility of a great buying opportunity in the $14-16 area if things break down. Right now I think we need to hold the $24-22.5 area to keep this bullish move upward. Otherwise the 14-16 becomes a greater likelihood and then will have to start seeing if the projections of the move line up to that target of $14-16. Not financial advice
AMEX:URAShort
by cryptowaveman
Silver - A 50% Long Setup. Trade Only. No HODL.In a post on Silver from June, I analyse that a run to $33 is on deck: Silver - 33 Moons And An Options Opportunity In the time that has passed, we've had two ~10% bounces that have been sold off. To me, this is a peculiar pattern for a trendline play that leads to new lows in the immediate term future, and represents confirmation that $33 is on deck. However, I'm also expecting a very bearish September across all markets, which I outline in a recent call on Nasdaq: Nasdaq Futures - Are You Prepared For Red September? Because I believe that we'll have a giant rally that takes out the tops of a lot of things heading into the end of 2023, and 2024 will mark the beginning of the real economic calamity. When it comes to silver and gold being bullish in the long term, they should be, but the market manipulators will keep price supressed for a few reasons. The first is that a renaissance in precious metals, or even a bubble in precious metals, will amount to promoting bullion, coins, bills, and even ore. These things are mankind's traditions, and are at odds with the current International Rules Based Order (IRBO) pseudo-Chinese Communist Party culture that more or less wants to install something like a cross between Shanghai's Zero-COVID social credit system and the Taliban. The second is that China, which is still governed by the CCP and Xi Jinping, has bought an incredible amount of gold in recent times, if reports are true and not fabricated at least. And so a short raid on precious metals would amount to a de facto economic sanction against China, which the IRBO claims to be de-risking against. Moreover, if something should happen to the Party, whether that be natural disaster, a greater pandemic, Xi performing a Gorbachev-style coup against the Party overnight, or Heaven finally dealing with the CCP's 24-year persecution and organ harvesting genocide against Falun Dafa's 100 million spiritual practitioners, because China holds so much gold, there will be open selling into the market. Prices will crash because the very wealthiest families on this planet are safeguards of tradition and will take advantage of the situation to purchase back that physical bullion and jewellery at record low prices amid the chaos. "Buy when there's blood in the streets, even if it's your own," they say. So here's the current call on silver. The fake double top below the early May gap at $25.5~ is definitely manipulation. It's traded back too far and hasn't shown any bullishness to give us confidence that we're going to go from $23 to $26 or $27 as a breaker pattern. Because "resistance" has been printed, many very large players and retail traders who are short will position their stop losses over $26 and $27. This becomes a target. And in the meantime the goldbug moonboys have long stops under $22 and $21, which just so happens to be an untested gap. So the trade here is to either look at a short on a retrace to $24 with a target of $21~, or just wait for $21 with a target of $33 by year end. And then sell it all. Sell your spot. Sell your bullion, if you can't be hedged short. Silver will eventually truly appreciate, and in a significant way, but it's not very likely to manifest before the new future unfolds. And so in 2024, we may really see numbers sub $15 again. Ergo, because metals are, in reality, ranging and not trending, it's not a market for "buy and hold" to be an intelligent strategy. Good luck.
COMEX:SI1!Long
by LordWrymouth
2
Uranium Miners: No more mining for now ⛏️The Uranium Miners ETF has now reached the level where we expect the top of the magenta wave (b). Based on this development, we expect the wave to end and transition to significant declines, which should go below $24 and end the turquoise wave 2. If, contrary to our scenario, we see a rise above the resistance at $41.23, our alternative would activate with a probability of 35% and within the magenta wave Alt.(b), the next target would be the magenta target zone between $49.72 and $57.67.
AMEX:URNMShort
by MarketIntel
Small CrabSmall Crab spotted on the beach of $LEU. Beware of his mighty claw. Some species of crabs are known for their remarkable ability to walk and even run sideways. This distinctive sideways motion is due to the structure of their legs, which allows them to move efficiently in a sideways direction. The way their legs are jointed and the orientation of their hip joints make this unique movement possible. This sideways scuttling is not only charming to watch but also serves a functional purpose, helping crabs move quickly and navigate their often complex environments with ease.
AMEX:LEU
by FiercePears
URA vs. U308 Futures ~ Snapshot TA / Uranium Bull IndicatorPerformance comparison between Global X Uranium ETF versus U308 Futures. One of many Momentum Indicators out there that track Bullish movements in Uranium Sector. Uranium stocks haven't always been closely-correlated to Futures due to their "risk-on" nature...so when stocks start outperforming when Futures + other confluences are also rallying.. You might have a good ol' fashion Uranium Bull run on your hands. Boost/Follow appreciated, cheers. Futures: COMEX:UX1! COMEX:UX2! ASX ETFs: ASX:ATOM ASX:URNM US/OTC ETFs: OTC:SRUUF AMEX:URA NASDAQ:URNJ AMEX:URNM
AMEX:URALong
by BlueHatInvestor
3
URNM - LONG SWING Trade Long DurationURNM is an ETF tracking uranium miners. Uranium based nuclear energy is now hyped as a partial solution to the climate change crisis and the dependence on fossil fuels. My thesis is that miners will enjoy a resurgence in demand for uranium and with supply dependent on their work they will enjoy increased revenues and margins above relatively fixed overhead and costs. The daily chart is supportive of this idea. I see a symmetrical triangle here with both upside and downside potential. Fundamentals diminish the downside potential substantially. In the past month, price has moved above the POC line of the long-term volume profile. I have drawn in pivot lines from which to plan targets in an upside move. I see the upside as about 50% in the upcoming year based on the chart but likely more if supply-demand imbalances have an impact. Taking call options at various strikes out of the money near these upside targets is a high consideration.
AMEX:URNMLong
by AwesomeAvani
Centrus Energy - 300% possible?Centruy Energy looks quite goot at this level. Lets look at the longer timeframe. Stoch RSI looks to turn up. We are breaking throught the 36M SMA and 12M SMA, as it seems. Momentum has been reset in addition. A more convervative view would be the monthly resistance Zone with around 195% upside. 300% sounds unrealistic? - The company was valued the same 2013, that`s why we have a confluence of resistance in this area in addition. One of the Uranium instruments that look quite attractive at these valuations.
AMEX:LEULong
by Benbarian