Lots of talk around #uraniumsqueeze going on in WSB and fintwits. I did get a position in 
UUUU myself last week since the price action peeks my interest.
Did a little bit digging, and this run is said to start from Sprott, a fund that started buying physical uranium thus jacking price up. I've been looking at history of commodity prices like
GOLD 
SILVER etc. Bull runs tend to start after a strong breach of several previous lower highs and above 200 ema. Buying opportunities usually go in the form of a weekly setup 9 buy that is above 200 ema, and is also the highest weekly buy setup in a long period of time. In 
URA case, this is the highest weekly buy setup in 5 years.
I will keep in touch with the news and track the price action in the following week. Position size are still small, however since the last 2 weeks' price action have been bonkers, I anticipate strong follow-through.
Ideal scenario would be a small pullback, then price moves up 25% of this month impulsive move. I will add on that break. Would also watch daily Demark signals for more entries.
UUUU myself last week since the price action peeks my interest.Did a little bit digging, and this run is said to start from Sprott, a fund that started buying physical uranium thus jacking price up. I've been looking at history of commodity prices like
GOLD SILVER etc. Bull runs tend to start after a strong breach of several previous lower highs and above 200 ema. Buying opportunities usually go in the form of a weekly setup 9 buy that is above 200 ema, and is also the highest weekly buy setup in a long period of time. In URA case, this is the highest weekly buy setup in 5 years.I will keep in touch with the news and track the price action in the following week. Position size are still small, however since the last 2 weeks' price action have been bonkers, I anticipate strong follow-through.
Ideal scenario would be a small pullback, then price moves up 25% of this month impulsive move. I will add on that break. Would also watch daily Demark signals for more entries.
Kidze
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Kidze
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.