maybe uranium becomes an epic short againthe bull market turn around in uranium has made the news, and outlasted a broader energy sector comeback. technicals are threatening a reversal bac to bears, and the monthly-quarterly view is making a breakdown. if we maintain these resistances then i am betting on a massive short play in uranium in a 5 year daterange. short urnm and long ery on breakouts on down days in broader market.
Uranium
Coal Futures NCF1!back into range 2 looking for accumulation in this range and a re-claim of the range high to get long on WHC.
Watching waiting and planning. patience is the key.
If it keeps dumping then let it dump see you in hell who cares.
BUT
if it accumulates and reclimas the range high., its time to pay attention.
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.
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.