Many of you know my signature all for 2017 was $UEC, with a side order of $URG.
Since peaking about a week ago, the uranium sector has sold off — providing an entry points for late comers who didn’t believe the hype when I was buying it 60% lower.
Today, our beloved President reaffirmed his affinity for nukes, saying that we should dominate the industry of world ending weaponary — casting aside the borscht eaters in Moscow and the dog chop lovers in Beijing.
On Jupiter’s stone, Exodus is flagging the sector to be oversold, making it a great time to grab some gusto and dive into the radioactive clouds that both heat our homes and will lead to our total extermination.
Below is the proprietary market timing oscillator I developed for the nuclear sector. We are now at the bottom of the recent range, an indicator that we are oversold and should revert to the mean soon.
If the bedraggled nature of the unranium sector is keeping you at bay from taking out a second mortgage and betting it all, consider the only publicly traded ETF, URA, as a suitable, albeit less volatile, alternative.
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We should be nuclear powered
perhaps on retest of 50 d m.avg.
Get a load of that horizontal UEC channel. Last chance to buy before it bounces off support.
Hahah.
This is awesome
Regards
Chuck Bennett
Strategic Metals will be hoarded. All ‘ium’s and then some.