UPDATE September 6
A super quick update. it's been too long. I have a post coming, I promise. I still love URANIUM and any energy (solar, oil, natgas).
yesterday was not a bad day for some uranium Jr's 😆
I haven't been posting every day, so I feel bad for not sounding the energy alert loud enough. But it's not too late. watch for weakness to enter and HOLD.
As for the QQQs i expect down. We have some PMI data coming out shortly after open, and the FEDs beige book (notes from their latest meeting) gets released 2 hrs before close. QQQ should hold anywhere from 369- 372 (i expect towards the lower end) and begin moving up towards 382-384 (hopefully with a big green candle to remove doubt). That should be the next pivot zone. IF we do not hold 369, then it's down to retest the previous low of 355.
A couple more uranium tickers iam in
expect a continued run towards 1.55 and then a pullback before exploding out of that cup and handle.
Same as DNN. Expect a run to 7.90 and then a pullback to ~6.20 before a launch up.
And the "cheap" energy ETF. one of my favorites.
And my favorite ETF
on a 6 count, leaving a few more days to run before a pullback/reloading zone
A quick explanation of energy price action. It had to have that big move up. It is expanding the bollingers and changing the trend. Price should continue to force the bollingers up, continuing the bull trend. After the trend is set, the price will relax and find the mid bollinger.
Be Safe, be Careful, Be Wise
and as always
Good Luck
this is what I posted to the group before yesterday's uranium run.
here is what happened
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Imso : sir how about UEC could you comment on it as I brought in at 4.55 wanted to sell and buy in lower if possible?
iamiam OP Imso : Great pick!
I love UEC. I also own it. it is in a super bull run with the other uranium. i circled the stochastic at the bottom. until that gets below 80, hold. this should hit ~9+ next year, if not this year.
Imso iamiam OP : but are you anticipating a pullback similar to your analysis of UUUU above as I'm thinking of selling at a high and buying in at a lower price if possible?
iamiam OP Imso : yes, but the trend is strong, i wouldn't sell until stochastic gets below 80.
Imso : just a side question how do I join your group that I'm unaware of?
iamiam OP Imso : try scanning this? if not, that's the name of the group you could search. let me know if that works.
Dons hobby : iam I hope you are killing it as usual my friend
iamiam OP Dons hobby : always. thanks, Don. I hope that you're doing well. in more than simply stocks.
Dons hobby iamiam OP : Yes, Kim is doing well. All in all things could be worse, if I can keep it that way it will be a very good year. I am done with my oversite contract FINALLY lol. Longest 8 months of my supposed retirement lol. But at least it's over made enough to pay ALL the Dr. bills, deductables and all the perifrial things needed.
But all in all pretty good.
I hope.ypu kill it for the rest of the year, are you gonna have time to be on more ? I understand all to well about TIME lol
iamiam OP Dons hobby : that's good to hear. i hope to be on more, taking the time to write out posts really takes it out of me, as sad as that is
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