URNM vs BTCUSD$URNM etf is seriously outperforming $BTCUSD. Strong support and Golden Cross in making. Ichimoku cloud is beyond bullish. #uranium
URNM
URNM$URNM screaming bull. Ichimoku cloud and confirmed breakout in ascending parallel channel #uranium #uraniumsqueeze
URNMIchimoku cloud is primed and this ETF is ready to fire on all cylinders. Breakout horizontal resistance line. Next level ascending resistance line. If all goes well we should overcome this resistance this week
URNMURNM is a uranium pure-play etf, thus tracks the movement of Uranium-related equities around the world regardless of size and is a great proxy for the market movement in aggregate.
☢️ UUUU launch soon?Last month breakout of the multi-year base since 2015, retraced 0.382 today and bounce off immediately -- expect 🚀 in following months
CCJ Cameco: Channeling?Above it, followed by retest and resumption, will result in a parabolic move.
Still has that gap to fill, will result in some soiled underwear if it were to happen rapidly. Flagging out until April.... boring but... w/e
I haven't been charting for very long, but let me know if my comments below are stupid.
CCJ Daily Chart Divergences usually lead to a LT trend. (I'm very intrigued by this... when I find a stock that behaves like this)
2000: May-August. See the divergences and all three trending upward, especailly in July
2002: Summer to Fall. MACD like a slingshot, RSI ascending lows contradicting the two valleys in the candles
2010-2011: RSI and MACD pulling on the candles between November 10' and Feb 11' but specifically RSI and STOCH early FEb to Mid Feb. Then fundamentals kicked in: earthquake.
2020: Mid Oct to Early Nov (this is the divergence that I think sent CCJ up the channel for a long time)
Still learning.
Camejo (NYSE) daily chartprimed for a break out here. Cyclical uranium bull market forming. $CCO.CA $URA
Cameco (NYSE) Monthly chartbeen watching the uranium sector for a while. looks primed for another cyclical uptrend. $URA $URNM . no pos
