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.
Uranium
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.
Uranium Futures UX2 November Update!We had a breakout in October but it failed and is back to chop fest.
Interesting is that Uranium Spot Price so far has a breakout. We will have to see how Uranium Spot Price closes for the Month of November.
Great info if you are invested in Uranium energy equities or planning on doing so.
$TKM - TREK Potential swing back up.TKM had a huge move on the 3 Nov on the release of the below High grade Assays.
Looking for it to trade back into that range marked out on the chart which it currently is. The range low here is key.
I'm looking for a reaction off the range low, OR a break below range and a Deviation and reclaim of the range low would be bullish and my trigger point to enter long.
Cut all below orange line. PIPs are big risk is big,
Looking at LIT ETF for confluence looks like it may be at a relative support zone.
NOV 3 announcement
TREK METALS LTD ( $TKM $TKM.ax ) has released " High Grade Lithium Assays of up to 3.07% Li2O at Tambourah
Uranium - BuyWeekly Uranium etf
Just completing 9 month correction.
Projected move and point of risk illustrated on chart.
CharmanderIt looks like that $SMR pick up as starter a stubborn Charmander. Hopefully he doesn't set everything on fire.
$DXYDXY deviated range high on lower timeframes.
CPI data came out at 8.3% so seen the last flush (maybe ) into the doller. I think its topped short term and will cool off.
But charts will lead the way here.
If it cant reclaim the range High il look for long in BTC also for a short term trade.
URA offering 100%+ on long term energy transition1. Bullish pennant forming
2. Target is $42.76
3. Support tested and held
Uranium Spot Hype is Nearing local peakit might cool off next year, i wouldn't suggest investing in uranium and thinking its a long term growth opportunity.
stick to facebook, amazon, bitcoin, or google
Wild Boar$CCJ started new page in Wild Boar trend. Wild boar is a bulky, massively built suid with short and relatively thin legs. It can grow pretty big and eat almost everything.
