Uranium price charts

Longer-term charts of the Uranium price are constructive The previous post includes a comment from an NFTRH subscriber that makes some good points about why the move happening now – whether lasting or ephemeral – may be occurring. Here are the weekly and monthly charts of u3o8. The weekly chart has so far held short-term support and is moving up from consolidation. If this area … Continue reading Uranium price charts

uranium

A commodity sector with special interest

The Uranium sector has been conspicuously bullish lately I have not had time to go fishing about to find out what may be at the heart of this, but on Friday per the NFTRH Trade Log, URNM was added as it dropped toward the SMA 200. It was added to an existing position in NexGen Energy (NXE). Added URNM. URNM chosen over URA because it … Continue reading A commodity sector with special interest

Uranium has pulled back within its uptrend

U3o8 Futures have pulled back Amid the global volatility in commodity/resource assets, Uranium futures have pulled back to what looks like a buy area for Uranium bulls. It’s a classic pullback within an uptrend after bottoming, basing and developing a new uptrend. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed … Continue reading Uranium has pulled back within its uptrend

U Paying Attention?

Per the NFTRH Trade Log on November 10th… Taking a shot in the Uranium patch, added NXE & UUUU, considering the bounce in the broad Energy sector. Some day Uranium has to get up, doesn’t it? Regardless, after selling over valued tech stocks buying these cow pastures is done as part of rebalancing. And… Adding CCJ for much the same reason as the two U … Continue reading U Paying Attention?

Uranium Updated

Last week we noted that Uranium looked interesting. This week it looks interestinger-still. URA is poking the zone about which we’ve noted in July 2nd’s ‘online edition’ NFTRH 454… “The 1st resistance point is the sideways-going SMA 200 (currently 13.84), which halted the last bounce. If this gets above 14 be on alert for a new, extended U trade.” Head fake or real? Dunno; only … Continue reading Uranium Updated