Oorah URA v2Looking like a great time to buy URA . Otherwise, it'll be a safe place to hide your mulah.
If you're into Wyckoff, it actually looks like a nice spring.
URA trade ideas
Oorah URALooking like a great time to buy URA. Otherwise, it'll be a safe place to hide your mulah.
If you're into Wyckoff, it actually looks like a nice spring.
$URA Will be interesting to see what happens here, nice hammer.If this jumps from a somewhat lower position it could end up being a inverted H&S, even without that still a good doji hammer.
Looking to long URA if it breaks out above $13Been watching URA for a while now. If it breaks out above $13, I can see it going to $14-$16 short term. Being patient until then.
URA: Incredible Weekly Set UpGood morning. With the cryptocurrency and weed markets still in consolidation, I've been sitting on cash waiting for a good long term set up. Uranium is probably the most hated market of all right now. It's seen nothing but downside for the past 11 years, but is beginning to show hope with this setup.
While AMEX:URA isn't a perfect tracker of the Uranium futures market, it is one of the better ways to capitalize on the commodity as Uranium sets up bullish on the weekly chart as well.
Oversold RSI
What I've noticed is that a low was established in 2016 along with an oversold condition in the RSI and has been respected when recently tested on a false break out to the downside. This creates a good case for a long term bottom in the market and potential for the start of a Uranium bull market.
Descending Triangle
Price has been squeezing down since Feb of 2017. That's 2 years of coiling price waiting for a breakout. What we saw in December was a bearish breakout to the downside rejected when faced with it's all time low. This is a good sign.
Price has now reversed and broken to the upside of the triangle pattern. This is also a good sign.
Increased Volume
Along with a bottoming formation, an Oversold RSI, and a Descending Triangle Breakout, volume has increased dramatically for AMEX:URA . This is a sign that there may be some interest entering the Uranium market after a long 11 years.
Challenges
While these are bullish signs for AMEX:URA , there are still some risks that Uranium could linger at the bottom for a number of years:
Lack of Interest in Uranium
100 and 200 Weekly MA Resistance
It is possible this breakout is shut down by the 100 and 200 MA, and we linger at the bottom for a number of years. Even so, this is a great time for me to accumulate for the longer term.
Thanks for stopping by!
Find Me on the Internet
AssetGuild.com
Twitter
Instagram
YouTube
StockTwits Room
Discord
Telegram @micahmiller
Nothing in this post shall be taken as person financial advice. This is personal opinion and educational content only.
Uranium Simple chart
broke down trend, consolidation now seems to be breaking up. all that volume looks nice. keep in mind this is a weekly chart
$URAURA Possible R/S Flip. If this holds will add to my position Monday. Lots of catalysts for Uranium equities.
Uranium Flirting with BreakoutVery notable test of year long trend line, waiting for daily close above and possible retest before entry.
Anyone with experience investing in this sector feel free to hit me up, thanks.
Uranium expecing rallyTrading at the bottom should be a rally up to 15-20$ in the near months
see my analysis
URA ready to go higherI was hodling URAnium for a long and now we are looking for a nice entry, we had a nice looking 9 on TD sequential along with fib retracement, now we are with 2% handicap already for the daily entrance but I guess it is still ok given R:R ratio
More Down Before Next Uptrend-RSI looking weak telling us this sell off is not over
-MACD about to cross below MACD signal line signaling a continuation of downtrend as we stay below 50 Day Moving Average
Safe Buy Zone at long term support 11.60-11.75
This is my first published idea :) If you have any criticism or other ideas please share in comments
$URA - #Uranium Lift-Off?Spot Uranium's been on a tear...MAYBE it's time for URA to final get off the floor?
BUY URA on Desc TriLSE:URA Excellent squeeze of a Descending Tri made from multiple upper and lower points. Bullish Triple Tower
$URA Looking for its Big BreakoutAfter a savage bear market for Uranium. Things are starting to look up fundamentally, and technically.
Waiting for a strong break of the trendline to confirm.
In this one for the long haul. 2019 will be a great year for the Uranium sector
URA Big Opportunity URA Back in the buy zone and it will only be there for so long. Get it while you can.
Possible Trend Reversal Expecting a Breakout SoonLooks like the bear market for Uranium ETF will be over soon. The price of URA has been in a bear market since 2011 with a high of $130 losing about 90% of it's value dropping as low as $11.25.
On October 2016 it started a small rally that ended with a shooting star candle with the 150 Weekly MA acting as resistance at the price of $19 Top.
Since then it has been forming a triangle of higher lows with the price of $11.50 acting as support.
That triangle is expected to break by late 2018 to early 2019.
As the current market conditions for commodities which overall are at the all time low, it shows chances of maximal financial opportunities.
We are currently close to test the resistance at the range of $13.75.
Breaking that level would take us to a new higher high changing the over all trend Uranium ETF.
I'm not a financial advisor, this is my personal opinion. Only invest what you can afford to lose.
Uranium Possible Play PA has found a floor after approx. year 7 year sell off. Note volume.
Possible disparity between actual value and current price ?
Monitor to see which breaks first, price floor or resisting trend line.
