Uranium
Long Uranium Miners This investment idea is not written for the ethical investors among us. ;)
Nevertheless, I would like to show you the possible reversal in the uranium miners trend.
The monthly chart clearly observe bullish divergence (incl. Falling wedge). In addition, an inverted hammer is formed this month. If the bottom is set, then I see a lot of upside potential for the URA to perhaps $39 (+200%) in the following months. Stoploss can be set @ $10 (-20%).
Beware of the high volatility of the ETF. It will be a bumpy ride, for sure.
Long UUUU(ranium)I'm taking a stab at uranium, specifically US uranium miners. For those interest, I have written a blog post about it. klendathucapitalist.com
Uranium - Stay short, to watch long term.Still no sign of a bottom and short to mid term market suggests nothing to change this. When market fundamentals change, will be a nice long term hold. NYMEX:UX1!
UEC looking for a bottom?Rising momentum without a new significant low... Looks tempting. Uranium spot prices are at 11 year low. Clearly unsustainable. Might see some buying for real assets here as inflation pushes higher.
Prospective uranium play.Still on watch and waiting for the bottom. Tracks uranium spot price, so will follow that. At this stage no sign of market turning so suspect further falls to be seen here. To be followed in the light of the overall uranium market.
brazil gold and uranium long term playprobably pull back to cloud then take off
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management owns 25 percent
no debt lots of cash
projects in safe areas
