UEC trade ideas
My Best Investment Method (Large Gains)Look for stocks above the SMA 200 and SMA 50 and equal to or above the SMA 20, but under the SMA 10. Once Stock is in between the SMA 20 and SMA 10 zone and is highlighted Red due to the Pet-D indicator, and the next day turns green, buy the day after. This is a massive bull signal that will earn large profits. In addition, the edited Wavetrend indicator can be used to help reinforce buy. Once green crosses red or is about to, BUY. once the wavetrend is over the red dots and red crosses green, SELL.
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.
Uranium Energy Corp WeeklyPenny stock for the watch list - love to buy it at $0.64 -$0.65
Might check the fundamentals first but Uranium is near a low in my opinion
Uranium Energy - bear trap and reversalIn contrast to most of the other uranium stocks UEC has been holding up pretty well over the last 18 months. In mid of May the stock shot up 111% from 0.69USD to 1.46 USD within 12 trading days. In the following three and a half months the stock as been consolidating this sharp move within a large triangle.
On the last day in september UEC broke down from this triangle and the price has been falling down towards the 200MA (0.90 USD). Three days ago the downtrend probably has ended with a final bear trap and an intraday reversal.
The stock is beaten down and compared to its high in early June extremely cheap.
Uranium is trending up and has been oversold for years.Taking a long position here. This is the only unhedged uranium miner in the industry. They had halted production during the low U prices, but prices are on the upswing and they will capitalize from it. Their in-situ recovery method is established, they have reserves, and they own a ton of property in the USA. The best part of the story... the CEO is Iranian and runs a Uranium company in Texas.
