channelchartist

channelchartist

Here's another idea I am flirting with. Seems to make sense. We complete the inverted arc and start the second half of the upright arc. This would provide the rocket fuel for the next phase, which I believe would take us to beyond $2000/token in the next few years. Patience is needed.

channelchartist

Uranium is still cooling after big moves the past 18 months. I see this inverted arc as a very real possibility. It will eventually create a 'cup' from this pattern, and huge gains ahead, but we must be patient here. Uranium is THE place to be this decade but it comes with great volatility.

channelchartist

Pattern is becoming a bit cleared as we complete an inverted arc. Strong support below. Looking like a magnet at this point. Possible breakout late this summer? Let's see how we act off of supports

channelchartist

Weekly log chart, nice bounce. If we duplicate the % gain, you can see the target from here. Potential 4x return?

channelchartist

Small arc played out as expected. Let's see if we bounce higher, then go lower to the outer arc

channelchartist

So far everything is going as plan. The fundamentals have never been better for Uranium and Sprott now owns and manages this ETF. Fundamentals for U have never been better.

channelchartist

This weekly log chart is looking very good to me and adds fuel to the $LINK chart I posted this week. I think a major move is coming in LINK. Looking forward to watching this play out.

channelchartist

So here is a more complex view of the LINK chart. I think we are fighting for direction at the intersection of 2 arcs, the uptrend support line and a horizontal support. Trading has been very tight. I still think the bias is towards up but I wouldn't be upset with I got the chance to load up more in the $10-$12 range. These are just some ideas.

channelchartist

Somewhere between low $30's and around $400. That is the best that we can do at this point. So far the rising channel has held on the weekly. Let's see if we get a big move upwards. I think this aligns with Alton season and some charts I have been watching.

channelchartist

This appears to be the upward channel LINK has carved out, with 6 touches on the bottom rail, and 1 FBO on the top. Best we can say is between $30 and $500 by EOY. I think we’ll see $100.