NNE trade ideas
NNE eyes on $18 above, 16 below: range to brew the next moveNuclear stocks have been rising for a while.
This one is testing a key level of resistance.
LowerHigh, HeadShoulders, etc possible here.
Break above should allow uptrend continuation.
Break below would say deeper retrace inbound.
Range bound oscillation could then explode (lol).
$ 18.04 - 18.32 is the upper boundary.
$ 16.05 - 16.15 is the lower boundary.
$ 12.36 - 12.65 is a correction target.
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$NNENASDAQ:NNE Graph illustration in practice:
It's not very clean when there is high volatility, but the principle remains the same.
First bullish leg of more than 30% (here +100%), higher lows, volatility contraction, price riding the moving averages (-> the Fork @Toto), formation of a tight base -> pattern like RDM or VCP 🔥🔥
The difference between a pattern that works and one that doesn't lies in what fuels it.
We observe this with a change in volume behavior: large buyer volumes and low seller volumes.
In this case, the fuel is investors' interest in new AI technology.
NNE crazy rideNASDAQ:NNE is an insane mover. I wouldn't be surprised to see a pull back after such a huge day. 2025 will likely be the year of Nuclear energy. Not much to see on this chart other than a high risk $0 earnings company in their beginning phases of something big. The reason for posting this is just to point out that Volume yesterday and how crazy this stock moves. Second highest ever volume day! Lots of eyes starting to notice and see the future is bright for NNE.
NANO Nuclear Energy (NNE) AnalysisCompany Overview: NANO Nuclear Energy NASDAQ:NNE is at the forefront of the clean energy revolution, focusing on small modular reactors (SMRs) and microreactors. These innovations are vital for delivering reliable, clean energy to remote areas and are also being considered for space exploration, potentially opening up vast new revenue streams.
Key Catalysts:
Small Modular Reactors (SMRs): SMRs offer a scalable, reliable solution for generating clean energy, especially in areas where traditional infrastructure is difficult or costly to develop.
Space Exploration Potential: Microreactors are being considered for space exploration, which could lead to significant revenue opportunities in the burgeoning space economy.
Partnership with Idaho National Laboratory: This collaboration adds credibility to NNE’s technology and accelerates the path to commercialization.
Vertical Integration: NNE is vertically integrating its operations with plans for a HALEU fuel fabrication facility, ensuring control over critical components and improving efficiency.
Expansion Commitment: The recent acquisition of a 14,000-square-foot facility in Oak Ridge, TN, demonstrates the company's commitment to growth and infrastructure development.
Investment Outlook: Bullish Outlook: We are bullish on NNE above $12.00-$13.00, based on its leadership in SMRs and promising new markets like space exploration. Upside Potential: Our upside target is $25.00-$26.00, driven by strong partnerships, technological advancements, and commercialization progress.
🚀 NNE—Leading the Future of Clean Energy with Innovation. #NuclearEnergy #SMRs #CleanTech
NNE - Will the hype continoue?Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.
This is a high risk idea - keep this in mind!
The company does not yet have a product available for mass sale and is not generating significant profit. However, the concept and underlying idea hold immense potential, particularly given the rapidly growing energy demands driven by AI, cryptocurrency, and the broader digital transformation.
Shares float 16.33M
Borrow Fee: 140%
Breakout Zone: $20.00
Action: If the stock breaks above this area with strong volume, it might signal a continuation of the upward trend.
Overall Market Sentiment:
Currently, the market seems to be in a correction phase. It’s crucial to consider this sentiment when making trading decisions.
Resistance Points:
$20.00
$24.00
$28.00 (big resistance)
$32.00
$37.00 (last ATH)
Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains.
Trading Strategy:
Take Profit (TP): Set a target at $52.00 or even $63.00 is possible.
Stop Loss (SL): Set at under $12.00 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
Market Update - 7/14/2024• money is rotating from large cap growth to small caps finally
• breadth has significantly improved
• all this mainly driven by improving inflation, which led to hopes of faster rate cuts
• lots of solid setups
• short term might be a bit extended
• earnings season is coming up next week, starting with financials, so we might see good breakouts and EPs
NNE breakoutNNE tested the gap 50% today. Triangle breakout in play above $27.
*I know nothing about the company, purely technicals here.
$NNE next wave ready?Big trinagle break, next 37.40 and go higher. Stop think day low today will be good
6/24/24 - $nne - Low float meme stonk only6/24/24 :: VROCKSTAR :: NASDAQ:NNE
Low float meme stonk only
Portable reactors gonna revolutionize the world. Maybe. But spending <$1 mm a year on R&D? Good luck.
It's a meme stonk, just know that. Does it gap up 100% tmr? down 50%? the way these things trade, probably higher given the strength on a rough day. it's a beacon of fresh liquidity driving the low float higher and higher. if u want to trade it, go for it. i'll eventually short it if it gets high enough but my tgt is closer to $1 bn valuation or nearly $50 from here, so a high bar.
anyway. not investable... let's make that clear. have fun.
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