Nexgen — Trading Ideas on TradingView

(NXE) NexGen Energy This 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 measure of knowledge about the stock.

NexGen Receives Environmental Assessment Approval Canadian 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 project in the country. NexGen said it was the first company in more than two decades to receive full provincial EA approval for a greenfield uranium project in Saskatchewan. The approval will allow the company to progress with securing other provincial and federal approvals to construct the project. Demand for uranium from nuclear reactors is expected to climb by 28% by 2030 and nearly double by 2040 as governments ramp up nuclear power capacity to meet zero-carbon targets, according to a report by the World Nuclear Association (WNA). Technical Analysis Price Momentum NXE is trading in the middle of its 52-week range and above its 200-day simple moving average. What does this mean? Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.

Nexgen Long I have been waiting for a clear signal from the uranium industry for a while now, and it's hard to ask for a better set-up than what we are seeing on Nexgen. First we have a capitulation zone (red square) and then a bar close inside the range. Then we have a break out to the upside from the channel, followed by a successful retracement and new highs. Holding this for a few years most likely, but I wouldn't be surprised if this turned into a 5 or 10 bagger.

CVCUSD Short-term trading setup An asymmetric triangle is shown with a decrease of volume. The bullish trend line has been supported three times. As CVC price is at the edge of the asymmetric triangle pattern, it could be a time to go bullish. Losing the resistance level would be a sign for SL. Trading Setup Green - EP SkyBlue - TP Red - SL Public Telegram Ch

Ethereum Trading Setups for both Long and Short Here is ETHUSD 4H. I would consider current region to be quite risky to enter any position until more sub-wave structure gets formed. ETH recently had broken the yellow triangle below and bounced around 0.786 retracement level. If we see some uptrend move to retest the bottom of the triangle, it might be a adequate place to enter short. Moreover, there is a blue mid-term trendline passing above and thus even if it fails to retest (breaks above the bottom of triangle again), I would accumulate more shorts expecting some more resistance from this blue trendline. For long, I have extended the bounced sub-wave to 1:1 which also happens to be region where yellow long-term trendline passes.

Trading strategies for each scenario of BTCUSD Hi, this is NEXGEN Investment. The cryptocurrency market has been steadily moving sideways since September, giving the people who are expecting significant fluctuations a chilling time. I know that there is a lot of interest in the direction of the bitcoin price that runs from this stuffy crossbar to the end. This idea is about strategies for how to respond in any scenario rather than direction. Let's start with the analysis of the Bitcoin chart. Weekly chart analysis The first week of October has been completed. The completed weekly candlestick is a DOJ I. In the case of low fluctuation range, short-tailed sticks come out upwards and downwards, making the directional analogy more difficult. We can see that the trading volume is steadily declining . The second last week of September candlesticks was a bearish hanging man, which impose a possibility of a trend transition that leads to the expected price decline of last week of September candlesticks. As the symmetric triangular convergence is converging with the high and low points converging, the tension is getting stronger as it gets closer to the end. Daily trend analysis The chart is a close-up of the asymmetric converging triangle. The current situation is near the resistance line / downward trend line. The indicators showing bottom are RSI, MACD and ADX and DI. All indicators are showing symmetric triangular convergence. In particular, ADX and DI show that DI + and DI - widths converge and the ADX level is steadily decreasing. This shows the ups and downs are weakening and the strength of the trend is weakening as well. Fluctuations are decreasing, and trading volumes are declining. The overall market capitalization and bitcoin dominance are also in BOX for a few days. The current point of observation is whether this line can be deviated from the upper line or whether it will come down with resistance. If it comes down afterward, will it be supported by the support line / upward trend line, or will it fall off? There are many aspects to any direction. There is a lack of grounds for convincing to rise. Therefore, please respond according to the situation according to the trading strategy. Scenarios and Trading Strategies 1. When the price comes down to support line. Aggressive trading strategy: A trading strategy aimed at earning a return on short-term rebound from support line by making an aggressive bid near the support line. If the price drop below the SL, response quickly escape, reduce the damage to the additional drop. Conservative trading strategy: After touching the support line, confirm the rebound and aim for the next resistance line. We will take support line as SL. Please note that the support line for No. 1 is $ 6320 ~ $ 6300. The SL of aggressive trading strategies should be set at $ 6250. 2. When the support line is not checked, and it is moving sideways. It is better to enter slowly. In this case, since the battle between buying and selling is fierce, there is a danger that the strategy of handing over easily which direction will win. 3. If the price goes up with the current upward trend. It is advisable to check the 4 hour chart of the nearest time frame and check if there is an upward departure to 100 EMA. In this case, because it is necessary to keep in mind that resistance is a significant weight, it is considered efficient to make a profit with a short frame. Resistance line update: $ 6650 ~ $ 6600. Please note that the resistance line decreases with time. 4. When approaching resistance line after progress. If you are in the process of buying and selling: A conservative trading strategy is to sell it with checking resistance line and buy again after its breaks upward. An aggressive trading strategy is taking risks and betting on rising escapes. There is also a trading strategy that reduces risk by betting on small or fractional quantities after partial bets on the middle of this bidding. Since the resistance line of Scenario 4 decreases with time, proceed with checking the movement of time and resistance line. If you don't have any position, and bitcoin is in an uptrend, you can also follow a conservative, and aggressive trading strategy regards on resistance line. A conservative trading strategy in which you enter after confirming that you have deviated from the resistance line and you take the resistance line by yourself. An aggressive trading strategy that shortens the line of SL when it comes down to resistance as the buyout for a breakout before leaving the resistance line. summary: 1. In-line / in-box progress. 2. Symmetric triangular convergence. 3. Indicators are converging as well. 4. Response by scenario-specific trading strategy. } Thank you for reading.