U.UI'm long several uranium miners right now as i am seeing a massive bullish reversal in play so of course i had to add physical uranium to my stack . Nice bullish flag looks ready for a breakout here .
7.07 USD
2.68 B USD
2.48 M USD
266.46 M
About Sprott Physical Uranium Trust
Sector
Industry
CEO
John Anthony Ciampaglia
Website
Headquarters
Toronto
Founded
2021
FIGI
BBG011XP6KZ5
Sprott Physical Uranium Trust, functions as a closed-end investment fund or Investment trust. It invest and hold substantially all of its assets in physical uranium in the form of uranium oxide in concentrates and uranium hexafluoride. The Trust was founded on April 23, 2021 and is headquartered in Toronto, Canada.
Uranium Long Analysis - Cup and Handle, Elliot wave analysisUranium appears to have finished it's larger, intermediate degree correction.
Additionally, uranium has broken out of what seems to be a massive cup and handle pattern.
Expected price within the next decade is likely to exceed 200 dollars/pound.
Expect some more consolidation before a large move
Uranium update August 2024- Where are we in the cycle? • The overall stock market has experienced a liquidity crisis due to the Japanese Yen Carry Trade, which has caused significant weakness. Recession fears and market uncertainty surrounding the US election, along with concerns that Federal Reserve rate cuts may come too late, combined with rising un
Sprott Physical Uranium Trust - Ascending Triangle Winning Sprott Physical Uranium Trust $SRUFF
✅ 41% increase since entry @ ascending triangle
breakout
🎯 Target remains 0.618 Fib Ext at $30.00
❌ Stop Raised to $20.00 guaranteeing 23% profit
I may exit this trade earlier if diagonal is breached.
Had a much larger entry planned for green zones
Sprott Unanium Trust (SRUUF) formation of ascending triangleSRUUF has pulled into the gas station for snacks before lift off. It's formation of an ascending triangle is bullish. It's just hit the lower side of the buy wall formation. it clearly has a sell wall around 25.07 and an ascending buy wall causing price to coil up. Breakout coming soon.
U.UN in Textbook ConsolidationU.UN is in a textbook consolidation now, still en route to $37.52, as long as it does not drop below the 38.2 % - Fib imho.
U.UN long all the way to $37.52Update: The confluence the horizontal resistance zone and the rising wedge broke to the upside. It looks like that the uptrend might be continued despite bearish signals. Price seems to be on its way to $37.50. The train is leaving the station. Those who still want to catch it, should jump on it now
Big Move for Sprott's Physical Uranium Trust ahead if ... .Sprott's Physical Uranium Trust did it finally:
It broke out of the confluence formed by a horizontal resistance zone from Oct. 07 and the bearish wedge to the upside. The new target now is high from April 07.
However, there's some water in that wine:
The breakout is not really supported by volum
Is Sprott's Physical Uranium Trust strong enough? If U.UN manages to keep its current strength a new buy signal will be generated once it will have cleared CAD 28. If it finally succumbs to the bearish rising wedge and its confluence with the current resistance zone between CAD 27 and 28, one could try to get in cheaper between CAD 25 and 25.50. T
Uranium: One last climb 🧗♂️Uranium has now reached our orange Target Zone between C$26.86 and C$28.77. According to our primary expectation, this is the area in which we locate the high of the green wave (B), which is why the price should now make a small final rise before reversing. Subsequently, a pronounced sell-off is the
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Displays a symbol's price movements over previous years to identify recurring trends.