Downloading...
Download

Uraniumminers

UROY an energy penny stock LONGUROY basically sells rights to mine uranium for a percentage of the production. It is a penny stock in the nuclear subsector of energy which is undergoing a renaissance in this era of fossil fuel addiction detoxification in the context of climate change remediation agendas. The 240 minute chart shows a parabolic move in mid January followed by consolidation and capitulation into a double top all at about the first anchored VWAP line above the mean followed by a trend down into the present level near to the first lower VWAP line. I will take a long trade here targeting the mean VWAP confluent with a standard Fibonacci retractment which is the green line on the chart. $.05 is taken as a safe stop loss at the lows. The target is 0.40 upside yielding a R:r of 8. I have positions in URA and UEC at this time. The entire uranium subsector is cycling from warm to hot again.
NASDAQ:UROYLong
by AwesomeAvani
7
Breakout into 155% measured move?OTC:GLATF TSX:GLO 's counter trend downward broadening wedge is testing its breakout. Fundamentally, the coup in Niger has kept this near term #uranium producer back, but it's time to catch up. We're looking at a 155% measured move based on the bottom of the wedge to the top. The time frame here is generated via the falling wedge's staff overlayed at the point of breakout. This projects into 2025 which will likely coincide with some of the first pounds produced or reported. This move has potential to be far more violent and sudden given how much this one has lagged and with consideration to being one of the few near term producers. So long as the geopolitical issues relax (ECOWAS is rumored to be relaxing sanctions), we're looking good.
OTC:GLATFLong
by Kerrald
Investing into Uranium-Backed Producers. Technical perspectivesUranium ore trades is at records highs, as several hedge fund managers are expanding their allocations to uranium stocks, with a conviction that an increasing embrace of nuclear energy as part of a "green" future - along with geopolitically-rooted ambitions to reduce dependence on Russian oil and gas -- means the trend has a lot of room to run. On Wednesday, November 1, French President Emmanuel Macron arrived in uranium-rich Kazakhstan on the first leg of a trip to Central Asia. According to a study by the World Nuclear Association (WNA,) published in August this year, Kazakhstan possesses 12 percent of the world's uranium resources and in 2021 produced about 21,800 tons. In 2009 it became the world's leading uranium producer, with almost 28 percent of world production. In 2019, the country produced a staggering 43 percent of the world's uranium. A dozen years after the disaster at Japan's Fukashima reactor put nuclear energy on worldwide probation -- and in, Germany, gave it a death sentence -- various factors are combining to bring it back into the acceptable realm of energy solutions. UXC URANIUM U3O8 Futures Price, over the past 5 years. First reason, the International Energy Agency says that, in order to meet "net zero" goals -- which describes a state where carbon emitted into the atmosphere matches the amount removed from it - global nuclear generation capacity must double from 2020 levels by 2050. In addition to nuclear energy coming to the fore as a zero-carbon-emitting power source, it's also seen as a way for the western economies to reduce their need for Russian oil and gas. The fact that Russia currently accounts for about 8% of the world's uranium reserves underscores the need to develop new supply sources. There's also an increasing appetite for nuclear power in Asia and Africa. Taken together, the uranium-friendly trends could power significant gains in the sector. Uranium equities could see dramatic upside -- 50%, 100%, possibly MultiX more. The main graph represents technical perspectives for AMEX:URA - The Global X Uranium ETF that provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries. The Global X Uranium ETF is 35.66% year-to-date return in this time, that is much stronger against top 4 American well-known indices i.e. S&P500 Index SP:SPX (11.95% YTD), Nasdaq-100 Index NASDAQ:NDX (35.22% YTD), Russell 2000 Index TVC:RUT (-3.38% YTD) , and Dow Jones Industrial Average DJ:DJI (1.94% YTD). Top 5 Holdings of AMEX:URA - The Global X Uranium ETF (as of November 1, 2023) # Weight Name 1. 23.80% TSX:CCO - CAMECO CORP 2. 11.25% TSX:U.U - SPROTT PHYSICAL 3. 6.77% LSIN:KAP - NAC KAZATOMPROM-DR 4. 6.45% NYSE:NXE - NEXGEN ENERGY LTD 5. 5.41% AMEX:UEC - URANIUM ENERGY CORP 👉 The main graph says, there're alternative technical perspectives for AMEX:URA - The Global X Uranium ETF in this time, where the major break out of multi year highs can open the door to further huge, MultiX upside price action under well-knoww Technical figure "Cup-and-Handle". 👉 Vice versa, if resistance is still strong, it can bring the graph to its main 5yrs SMA support.
AMEX:URA
by PandorraResearch
Paladin Energy Ltd - Potential for Long Term Entry Paladin Energy Ltd - OTC:PALAF ✅ 25% increase since first shared. ✅ Red Circle pattern may repeat ✅ Above 200 MA ✅ Breakout of Parallel Channel 🎯 Target here is undefined, the plan would be to ride the 200 day until it is definitively broken. I have not entered this trade yet but considering an entry at the 200 day SMA at 0.66c for a small position. This is a longer term play and would require patience. I may add a position here later today. TBC. PUKA
OTC:PALAF
by PukaCharts
CCJ... are we destined to repeat the past?just some coloring.. could we sell our charts as arts? okay, kidding. i like CCJ..check out the 9/17 calls 28 strike and the 10/15/21 28's (really anything between $20 and 32ish) Price prediction. IMO. is bullish. Do i think this exact thing will happen? ..not at all. i just wanted to draw but its making stops and hitting locations just like before. trade safe my friends -Benz951 {edit} short term- ups and downs for Options. Puts winning as we come back down from hitting the intraday high. id expect a small continuation monday morning, to only bounce and go back up.
NYSE:CCJLong
by Jbridgez
5
The 1. Chapter of Cameco - Long - It shines and its dangerous Long scenario for Cameco. Fundamentals: Second biggest Uranium producer in the world. Based in Canada. While Russia (on Position 6 ) and Ukraine (Position 9) are fighting a war + sanctions against Russia. TA: Could see something like the orange arrow happening. A far safer approach would be to wait for a break of Level 1. However as i´m willing to hold this position for quite some time + watching my risk management. Requirments: - none Invalidation: - none. Willing to hold it for a long time. - Would be considering partially closing my position if price went lower than the yearly open and generating lower swings. Good luck
NYSE:CCJLong
by a_tale_of_bulls_and_bears
Yellowcake PLC making moves Yellowcake Plc - OTC:YLLXF - $6.64 ps - Potential Ascending Triangle with breakout and a re-test of underside support The beauty of all of these stocks is that the ETF has broken out into an upward trend and now some large and smaller Uranium miners are also breaking out with similar patterns of pennant breakouts and ascending triangle breakouts. We do have overbought RSI so its critical to have tight stop losses set under the base of all moves. Interestingly Light Crude Oil looks to be bouncing at the moment too, as is Gold and Silver. Commodities really are starting to glow and no wonder with currency risk on everyone's minds. PUKA
OTC:YLLXF
by PukaCharts
Paladin Energy Breakout Paladin Energy Ltd - OTC:PALAF - $0.65c ps - Break out and re- test of parallel channel looks like a repeat of a prior move (Red Circles). The beauty of all of the four Uranium stocks ive covered is that the ETF has broken out into an upward trend and now some large and smaller Uranium miners are also breaking out with similar patterns of pennant breakouts and ascending triangle breakouts. We do have overbought RSI so its critical to have tight stop losses set under the base of all moves. Interestingly Light Crude Oil looks to be bouncing at the moment too, as is Gold and Silver. Commodities really are starting to glow and no wonder with currency risk on everyone's minds. PUKA
OTC:PALAFLong
by PukaCharts
Uranium Miner ETF 2 Year Resistance Breakout UPDATEHi Guys! This is a Technical Analysis Update on Sprott Uranium Miners ETF (URNM) on the 1 Week Timeframe. URNM was able to BREAK Above the 2 year Resistance line and close Friday with a Strong body candle close. It was accompanied with a VOLUME SPIKE, which shows follow through and supports price action. This is the 1st step in attempting a Trend Change. 2nd MOST important step = Confirming the breakout = Testing Support and Succeeding So this upcoming Week to couple weeks is crucial for us to stay above Resistance line. Not only are we ABOVE the Resistance line but we also CLOSED ABOVE the 100 SMA. Again if we confirm SUPPORT, we will now have the backing of 2 MAJOR Resistance turned SUPPORT zones. Prior to this current move we also maintained SUPPORT on the 50 SMA for 3 weeks before moving up. In the coming weeks, it is likely we also have a GOLDEN CROSS occur. This is when the 50 SMA CROSSES ABOVE the 100 SMA. This leads to a confirmation of BULL TREND. So i'd we watching for this. Bullish Momentum is also currently PRESENT, expressed through the STOCH RSI and MACD. One thing to OBSERVE aggressively is the MACD. Particularly on the size of the histogram bars and the slope of the blue/orange line. We are ABOVE the 0 level, universally this leads to BULLISH MOMENTUM and UPTRENDS. ________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on URNM in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
AMEX:URNMLong
by SafofAllTrades
Uranium Miners: No more mining for now ⛏️The Uranium Miners ETF has now reached the level where we expect the top of the magenta wave (b). Based on this development, we expect the wave to end and transition to significant declines, which should go below $24 and end the turquoise wave 2. If, contrary to our scenario, we see a rise above the resistance at $41.23, our alternative would activate with a probability of 35% and within the magenta wave Alt.(b), the next target would be the magenta target zone between $49.72 and $57.67.
AMEX:URNMShort
by MarketIntel
URA vs. U308 Futures ~ Snapshot TA / Uranium Bull IndicatorPerformance comparison between Global X Uranium ETF versus U308 Futures. One of many Momentum Indicators out there that track Bullish movements in Uranium Sector. Uranium stocks haven't always been closely-correlated to Futures due to their "risk-on" nature...so when stocks start outperforming when Futures + other confluences are also rallying.. You might have a good ol' fashion Uranium Bull run on your hands. Boost/Follow appreciated, cheers. Futures: COMEX:UX1! COMEX:UX2! ASX ETFs: ASX:ATOM ASX:URNM US/OTC ETFs: OTC:SRUUF AMEX:URA NASDAQ:URNJ AMEX:URNM
AMEX:URALong
by BlueHatInvestor
3