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uranium cup and handle

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#1 tradesurfer

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Posted 21 August 2016 - 12:00 PM

Hey guys,

 

It seems like uranium long term price is trading in the same large cup and handle formation just like silver and gold.  

 

Perhaps the uranium mining stock trade is bigger and better by a factor of  X times better than silver or gold simply because there are so few uranium miners out there???

 

notice on the chart we are currently trading in a massive bullish divergence versus RSI, this should result in a huge price spike upwards in uranium prices.  I am looking for 10 to 100X price increases in uranium stocks

 

uraniumcuphandle.png



#2 pisces

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Posted 21 August 2016 - 02:06 PM

Hey guys,

 

It seems like uranium long term price is trading in the same large cup and handle formation just like silver and gold.  

 

Perhaps the uranium mining stock trade is bigger and better by a factor of  X times better than silver or gold simply because there are so few uranium miners out there???

 

notice on the chart we are currently trading in a massive bullish divergence versus RSI, this should result in a huge price spike upwards in uranium prices.  I am looking for 10 to 100X price increases in uranium stocks

 

uraniumcuphandle.png

 

Thanks for posting,i hope you are right  bull.gif



#3 tradesurfer

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Posted 03 July 2017 - 06:52 PM

I was wrong... but now here we are near 6/30/2017 exactly 10 years (Gann cycle) from the 6/30/2007 top in uranium.

 

And we have double bottomed in the uranium price and made a bullish bat pattern in the uranium futures, bottom is in ?