DugtrioA wild Dugtrio appeared! No matter how hard the ground is, it can dig up to 62 miles below the surface.
Uranium
Lithium Brine Penny Stock Long HereI traded this ASX name on the OTC at its 3x breakout last year and I've kept my eye on it as it has floated slowly back down to the breakout zone. Notice the patterns in the Relative Strength Index before it broke out, and notice what it is doing now-- easing and curving up. The ASX stock has bounced hard on support, so there is some arbitrage between the OTC and ASX tickers right now. I think that it's likely we see a similar parabolic move up if we break out of this descending wedge. Watch for headlines about their lithium brine project: that will most likely be the catalyst.
TriceratopsA wild Triceratops rose from ancient history in $UUUU. Let's see what else they will dig up.
Long URA Uranium Miners Breaking OutUranium miners are breaking out of downward sloping resistance trend line. If the world is serious about going green then nuclear will have a big part to play and the world needs uranium.
Amazing HorseLook at that horse,
that horse is in $CCJ.
Give it a lick!
Mmm, it tastes just like gains.
Centrus Energy Ready for a Surge?Various technical indicators are pointing towards an upward move. Fundementals as well, with a proliferation of bullish news catalysts in the nuclear/uranium sector. $LEU's low float causes it to quickly go up multiple times over when on a bull run. But it's a bucking bronco... will check back in. Trade safe.
Uranium energy corpUpward trending channel. Sanctions against Russian Uranium miners and increasing demand can drive this one higer
Keep an eye on UraniumWill keep an eye on Uranium. It looks potencially promising. Need a bit more Volume and Bullish momentum to confirm. Will set my alerts.
Aura Energy $AEE 13% weekHolding strong above all 3 MDA, and with decent volume. My best performing ASX
uranium stock by a mile the last 12 months.
Should be rebalanced higher in the URA next week, so one to watch.
Alligator Energy $AGE 10% WeekThe once most tweeted ASX stock up on the week withn 64m volume.
It looks like it will get rebalanced in the URA next week so it could be
worth a low ball bid...
No position.
Devex Resources +7% weekLike DYL, wedged between the MDA's.
Still trading at ultra low volume, only 1m traded.
Compare that to last November when it traded 18 & 17m weekly volumes..
Accumulating, and added more last week.
118,000 + CPS assays coming
Peninsula Energy $PEN +10% weekStill under all 3 MDA and a decent week's volume.
Looks ready to make a big move and hit those moving averages IMO.
No position.
Deep Yellow $DYL +9% weekWedged between the 50/100 MDA and the 200MDA
Had a good week with a very decent 18m volume traded
Paladin $PDN ASXPaladin met and is up off the 100mda with 58m traded for the week
For comparison it traded 424m back in Sept 2021 and 290m in Feb 2022
YCA says the weekly trend is up $YCA since 2020
We now have Higher lows, lower highs, the squeeze is ON.
Uranium no war no pump | Dump is comingUranium world dont have war for now. so downtime for that commodity.
CCJ - possible stage 4 incomingDear all,
Another name that is probably setting up for stage 4 in the energy sector, this time a uranium name: $CCJ.
After consolidating a stage 3 for almost a year and forming, kind of a sloping head and shoulder pattern and loss of the longer term trendline this week, it is time for a stage 4 decline.
Things to consider for a stage 4:
- declining 30 week Ma :check
- declining 10 week Ma :check
- 10 w underneath 30w :check
- Loss of trendline :check
Extra reasons for stage 4 decline:
- Big volume on down days :check
- Gap downs
- Resistance of AVWAP of important dates (big volume days 1 feb 21, last high and low)
The price is now trying to reach back the broken trendline, but is unable to break through. The trendline is now also confluencing with an AVWAP. Next week the 10w sma is at the same spot and also the downtrending trendline from last high. This will be a very tough spot to break, so a high probability the price will move downwards.
I entered last week with a few puts, three months out. Stop loss i would suggest is the break of before mentioned resistances ca. 23-23,5
Good luck and have a good year!
Uranium Cameco CCJ - Bears are still in control
Cameco has been in chop fest, but I think we will continue to sell off into the next year.
I said on the week of 9-11-22 the bears take control and it has not failed. Now bears need to take out $20 to get the real momo.
Year of the correction - Gann Theory
Stay vigilant!
UROY Uranium Royalty Corp Options Ahead Of EarningsLooking at the UROY Uranium Royalty Corp options chain ahead of earnings , i would buy the $2.5 strike price Calls with
2023-1-20 expiration date for about
$0.22 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
