Uranium is glowing brighter than ever! 🌍 With global momentum shifting toward clean energy, nuclear power is leading the charge. Stocks like $UEC are riding the wave as nations prioritize energy security and sustainability. The future is nuclear, and it’s here to stay! ⚛️🚀
Based on the current chart, a bullish price objective for Uranium Energy Corp ($UEC) could target $9.25–$9.50 in the short to medium term. This target aligns with:
1.Bollinger Bands: The price is nearing the upper band but has room to push higher in a strong bullish move. 2.Resistance Levels: Breaking above $8.67 (recent high) opens the door to $9.25, a key psychological and technical level. 3.Momentum Indicators: RSI is strong but not yet overbought, suggesting potential upside.
If broader uranium/nuclear energy trends continue to gain traction, a longer-term breakout above $10 is achievable.
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• The stock is trading above both the 20-day and 250-day moving averages, indicating an uptrend. • It’s near the upper Bollinger Band, which often signals strong bullish momentum if the trend continues.
Bearish Case:
• RSI levels are overbought (above 70), which could lead to a pullback or consolidation. • Price nearing resistance may face selling pressure.
小竜 : Any thought about $NexGen Energy (NXE.US)$ ?
Robert Musella OP 小竜 : Bullish Case:
• The stock is trading above both the 20-day and 250-day moving averages, indicating an uptrend.
• It’s near the upper Bollinger Band, which often signals strong bullish momentum if the trend continues.
Bearish Case:
• RSI levels are overbought (above 70), which could lead to a pullback or consolidation.
• Price nearing resistance may face selling pressure.
Next Resistance:
• $8.880 (recent high).
Support Levels:
• $7.613 (20-day moving average).
• $7.118 (250-day moving average).
Robert Musella OP Robert Musella OP : I hope this helps. Happy trading.