URA trade ideas
Opening (Small Account): URA December 17th 18/28/28/38 Iron Fly... for a 4.84 credit.
Comments: With a 30-day implied at 66.5%, selling premium in the uranium ETF with an iron fly, which sets up break evens around the expected move -- 23.16 on the put side, 32.84 on the call. Will look to take profit at 25% max.
$URA Cup and HandleIf you're bullish on Uranium (I am ) , then URA is a great ETF to invest/ trade.
Looks like a buy here to me regardless, nice volume shelf support and breakout retest before all time highs and blue skies
Could I be wrong - Absolutely
Will I be managing my risk - Absolutely
$26.50 stop loss price (I'm trading the 31/36 Debit spreads)
Uranium Gap FillIt's been written about extensively, but secular growth fundamentals and likelihood quant funds will chase this back to ATM makes it a very appealing long.
URA - GREAT UPSIDE POTENTIAL !!!!URA (Uranium) is one of the best investment in commodities to be consider now and for the future.
It is a strategic buying opportunity calling for huge upside potential first target being :
$ 37.05 ahead of $ 55.68
Yesterday's breakout (see below on related ideas my private analysis written yesterday for detail)
TRUST ME :
BUY ON DIPS
All the best and take care
Ironman8848
$URA on track to the upsideUranium etf URA is set to go higher having completed its retrace.
Its currently on it's wave 3 in the picture. Wave 3 is undergoing wave c or ABC.
Target of 30.50 then 34.50.
URANIUM - URA - MED/LONG TERM STRAT BUYLooking at the daily picture, we can identify several important information :
1) caught in a $ 23.00 - $ 25.50 trading range
2) mix of a double bottom and double top
3) currently below the Mid Bollinger Band
4) in the middle of the sideways trading range above mentioned.
5) supported by the former uptrend support line (in green)
6) still below the ongoing resistance line (in blue)
Nevertheless, recent price action from the former high @ $ 28.68 towards
$ 23.00 should be seen as an healthy consolidation move and not as a trend reversal.
Therefore, having in mind a med/long term buy strategy, dips should be seen as a good opportunity
to increase the existing long exposure for those who are already long or to initiate new positions for the others.
TRUST ME.. there is a STRONG STORY behind and it is only the beginning of the story...
Have a look at the monthly picture and you will see the upside potential, it is huge !!!
Last but not least, the better vehicle to invest in the URANIUM theme is the following :
Strategy Certificate on U3O8 RENAISSANCE Portfolio
Underlying: U3O8 RENAISSANCE Portfolio
SSPA/EUSIPA Product Type Tracker Certificates (1300)
ISIN: CH0441692628 /Valor: 44169262
Last price (05.10.2021) $ 1'987.05
Best
Ironman8848
Uranium - Up we go graph is looking very strong - large upside move coming over the next couple years
URANIUM is filling the gaps on a long-term bullish trendThis is an update to my April 2021 idea on the Uranium ETF:
As you see, the price rallied following March's Golden Cross on the 1W chart and so far the 1W MA50 (blue trend-line) has been holding as Support (which was my biggest concern back then), offering a great dip buy opportunity on August 16.
What's even more interesting is that the asset has been filling gap after gap on the Lower Highs of last decade's bear trend. The next one is at 39.00. Be ready to take advantage of the next 1W MA50 dip.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes
--------------------------------------------------------------------------------------------------------
$URA first weekly 9 buy above 200 emaLots of talk around #uraniumsqueeze going on in WSB and fintwits. I did get a position in $UUUU myself last week since the price action peeks my interest.
Did a little bit digging, and this run is said to start from Sprott, a fund that started buying physical uranium thus jacking price up. I've been looking at history of commodity prices like $GOLD $SILVER etc. Bull runs tend to start after a strong breach of several previous lower highs and above 200 ema. Buying opportunities usually go in the form of a weekly setup 9 buy that is above 200 ema, and is also the highest weekly buy setup in a long period of time. In $URA case, this is the highest weekly buy setup in 5 years.
I will keep in touch with the news and track the price action in the following week. Position size are still small, however since the last 2 weeks' price action have been bonkers, I anticipate strong follow-through.
Ideal scenario would be a small pullback, then price moves up 25% of this month impulsive move. I will add on that break. Would also watch daily Demark signals for more entries.
$URA #uranium bright future aheadUranium being the most efficient clean energy source, recently gone on a bullish rally.
Looking at the weekly chart, 221 days up and 74 days down right on 50% retracement. 74 being 1/3 of 221 days.
This is perfect time and price harmony.
Volume is huge in the last few weeks.
Very bullish on uranium
Uranium LongUranium indications are bullish and signalling a strong reversal from a long-term downtrend.
CARBON FREE ENERGY IS ABOUT TO BE EXPENSIVE This is a simple story of clean energy and a Canadian firm
Countries such as JAPAN, THE USA, RUSSIA, UK, and FRANCE pushing for nuclear-produced hydrogen.
Nuclear power demand raised from 2% to 2.6 which supply capacity is expected to shrink through 2050.
If you have been following the Uranium market by now you probably know of Sprott asset management active uranium purchases in the spot market with reportedly over $1 billion in assets.
Even though right now governing bodies are monitoring "Sprott" buying activity but "it's nothing that's worrying them at this point" --- This is from a well-written article by J.HOLMAN from S&P Market intelligence
OUR OPINION
Little or no regulatory interference will push prices higher
Nuclear stocks are the next explosive stocks since cannabis and blockchain
Could also see prices of Metal commodities and large manufacturing firms see an increase in demand/ strength in business and positive earnings
Nuclear Waste Management spike in revenue and growth into the business venture long-term
It's HERE AND CHEAP why not just BUY?
watching #uranium $URAfound an investment podcast today and they were talking about Uranium and nuclear energy play. I hear Chamath mentioned nuclear energy on his podcast as well. Might be an interesting bull market to participate in.
URA to the Moon (Uranium)Uranium will be entering a breakout over the coming years.
Demand for energy will skyrocket as problems began to surface in current infrastructure.
The technology has advanced by leaps and bounds. Going Nuclear will continue to be the narrative driving Uranium demand and mining companies.
See you in the future of energy.
$URA Target 22.49 Analysis & Key Levels$URA Target 22.49 for 13.59%
I don’t have a position here yet but I’m just looking what to get into next week… Feeling bullish on URA - and I’d love to see it get above the 50MA and then I’m in…
TUTORIAL - STUPID WILLY VS. RSIAlright, y'all... by multiple requests... My favorite indicator that I use every day... STUPID WILLY 🙌🏼 VS. RSI
I made this video kind of quickly so if you have questions let me know and I'll either respond directly, or make another video to explain...
I hope this helps...
Indicators in this Video - Cycling Willy, RSI, EMA or RSI, and NSDT autosupport
$URA - Uranium ETF - we have liftoffThe Global X Uranium ETF (URA) provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries.
Breaking downtrend which has been in place for the last 2 months. Looks like this is ready for its next leg higher.. (MACD also crossing up)
Positive setup for URAWhile URA's price remain a bit far from its 50-day moving average, various indicators suggest a positive near-term future for Uranium stocks, due to:
- A positive weekly RSI,
- A momentum turning upward,
- A strong support from the ichimoku line.
Has yellow cake created a top? Is this the dip we've all been waiting for, or is it nuclear disaster?
Uranium Possible 40% long Inverse head and shoulders in the making. Wating for CONFIRMATION before entry
URANIUM - URA - MED/LONG TERM BUYURANIUM IS A MEDIUM/LONG TERM BUY WITH A STORY BEHIND IT !!!
M1 : BREAKOUT OF THE CLOUDS ON A MONTHLY BASIS
Plenty of space on the upside.
Begin to buy a LONG STRATEGIC POSITION AT CURRENT LEVEL
Investment vehicle : ETF URA (last price $ 21.35)
Extremely bullish pattern for Uranium StocksUranium stocks, hit by a decade long decline of uranium prices, are now strongly reversing like many other commodities.
While one can use Uranium ETFs to get a long exposure, I prefer junior companies (which offer a better risk-return trade-off in my opinion), such as $BSK.
*Disclaimer: I'm long BSK for more than a year
