Nexgen Short Opportunity ? I entered a medium-sized short position on NexGen for several reasons, as the probability of revisiting the range lows appears high from this point:
1-The price briefly broke above the range highs but quickly reversed back inside, indicating a failed breakout.
2-A classic Head and Shoulders pattern
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−0.15 AUD
−85.83 M AUD
0.00 AUD
About NEXGEN ENERGY LTD
Sector
Industry
CEO
Leigh R. Curyer
Website
Headquarters
Vancouver
Founded
2011
ISIN
AU0000159329
FIGI
BBG011KL08B7
NexGen Energy Ltd. engages in the acquisition, exploration and development of uranium properties. Its uranium project portfolio includes Arrow, South Arrow, Harpoon, Bow, IsoEnergy, SW1, SW2, SW3, and IsoEnergy properties. The company was founded by Leigh B. Curyer on March 8, 2011 and is headquartered in Vancouver, Canada.
No news here
Looks like there's nothing to report right now
is NXE going to break trendline and go up for the next round?
For the 1-hour chart:
You can see a long upper wick followed by a large green candle and a medium-sized red candle.
Even this strong selling pressure, buyers are still in control - supported by a well-shaped RSI and momentum.
Over the past few days, the volume profile has shown a promising tre
MACD Divergence, Downward Channel, Possible Bullish MomentumOf course, do your own research.
Just for fun and to paper trade for practice.
Not a recommendation of trading with real money.
TLong

$NXE continues to hold longterm monthly trendlineWe are seeing continuing pressure from the US to secure it's uranium supply as Russia hints at at restricting supply.
Nexgen's The Rook I Project (Project) is the largest development-stage uranium project in Canada. The proposed new underground mine and mill development is located in the uranium-r
TLong

(NXE) NexGen EnergyThis is a month calendar of NexGen Energy -- only gains.
My buy price in 2020 was $1.3; There is no telling what will happen in the future of a stock price. This would have been a keeper. Most stocks are losers. Not this one.
Because I don't actually trade stocks don't take this post as any measur
NXE - Good earnings could lead to big profitsI like this chart a lot. Definitely a few resistance zones to watch out for above us (i.e green top of green tapered buying channel that has bounced us a few times) but we are within our strong purple buying continuation channel which is exactly what is needed to take us out of this resistance level
ENERGY GOING DOWN?!?!
Fundamentals: Friday 1/12: 17.111M AVG: 5.304M
Technicals: waiting for this trend line touch on the RSI
Bearish Divergence
Bearish rising wedge
Approaching QP and PRZ zone from the initial bounce/extension
NShort

NexGen Energy: Riding the Uranium Boom with Bullish Prospects
The uranium market is experiencing a remarkable surge, and investors are taking notice of the impressive upside potential in uranium stocks. Among the major player leading the charge is NexGen Energy (NYSE: NYSE:NXE ). NexGen Energy (NYSE: NYSE:NXE ) have witnessed share price gains ranging from
NLong

$NXE Unveiling the Untapped Potential
In the dynamic world of stock markets, finding a hidden gem can be a game-changer for investors seeking lucrative opportunities. One such gem that has been making waves lately is NYSE:NXE , and there's a compelling case for investors to consider it as a prime addition to their portfolios. As we de
NLong

NexGen Receives Environmental Assessment ApprovalCanadian uranium miner NexGen Energy has received Saskatchewan's environmental assessment (EA) approval to proceed with the development of its 100%-owned Rook I Project.
The Rook I Project, which has a total initial capex of C$1.3 billion ($943 million), is the largest development-stage uranium pro
NLong

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