@SpaceJesus96 @aexaxin @astronomer_zero @WatcherGuru Oh yeah let’s ignore how much this cycle is structurally different from the last ones.
You guys will get left behind hoping for a price institutions won’t allow
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Momento
275 posts
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$FCEL up 100% in only 2 weeks from my post...watch out for the next batch of set ups!
TechniCam@TechniCameron
$FCEL is positioned as the "Bloom Energy Lite" with nice upside above $14
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@FlashCharts That’s a great visual indicator !
Custom made or it’s a public one ?
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Check out my short video on $SPY - We are clearly at an inflection point. Either we drop from here or push higher in dramatic fashion: loom.com/share/a39040ef…
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@KingofSwingsIII Why would the market give another chance at those levels ?
Quick liquidity grab below 75k max, to fuel the next leg up, is probably what this is
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$UUUU Daily Chart Update
Rejected at the upper boundary of inverse head & shoulders
Now third touch of the broadening tops + right shoulder + 61.80% FIBS
MrBullLee@JusTADax
$UUUU Daily Chart Update Steady
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@petesully18 You’re really bad at this game man sorry, keep the shorts going tho !
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More blood to come 🩸 in markets.
$SPY $725 in play. Still short $SPY $MU $QQQ $TSLA
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@Chartradamus Thank you very much for the extensive response, really appreciate it !
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It doesn't affect the projection, but it's definitely unfortunate it's getting crushed and may shake out a lot of investors. Still has a solid amount of sellers above due to past peaks having a bit of distribution. I can see it forming a higher low here (needs to hold $18+ to validate the HL, but ideally holds $21+) and churning out a bit more bagholders from months past before another attempt to break out.
In general, the REE + Uranium sector has seen some weakness the past couple days. $UUUU is notorious for being incredibly choppy in general before running hard. It's a long-term holding that definitely needs the theme to see rotation here.
Still hasn't lost the Daily 20MA or Daily 21EMA so the hope is it holds $21+ here. Daily 50 + 100MAs below at $20 as well. Weekly candle isn't overly bearish in my opinion as it hasn't cleared last week's lows, but it not being able to hold the $22s Volume Shelf sucks for sure. The hope is it can overtake it again next week and hold it.
Bear case is a return to MW4 lows for a double bottom. That'd be devastating.
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Strong start to each of $UEC $UUUU
Weathered the sharp sell-off that occurred on market open across most names. Both smoothly turned red-to-green while other nuclear-related stocks are lagging behind.
Indicative of great relative strength and a bright future for these two.
Ch🅰️rtradamus 🔋@Chartradamus
Uranium ☢️ $UEC ➯ PW5 PT = $23+ $UUUU ➯ PW5 PT = $35+ The theme of Uranium, similar to REEs, looks ready for its next leg higher here. Both Uranium Energy Corp and Energy Fuels Inc have now comfortably formed higher lows to affirm their Primary Wave 5 ascent towards the targets assigned. In reaching them, LT Wave 1 will reach completion and lead to a strong correction afterwards. All in all, this is the initial long-term rally for these companies in a greater Bull Cycle structure over the coming years as revenue inflects and the necessity of nuclear energy grows. A fact evident by the push by companies such as $NEE $CEG $VST into the space for data center power generation. At this time, there is one hiccup presenting a conundrum. The charts shared are showing different stories as $UEC corrected to a greater degree since January to invalidate Minor Wave 4 and opt for a potential Minor Wave 2 retracement instead. This diverges from the $UUUU chart, one that cleanly marked a Minor Wave 4 low. This means that $UUUU is expected to enter one last leg higher here towards $35-$37 via Minor Wave 5 of Primary Wave 5 to complete LT Wave 1. Conversely, $UEC would be expected to reach greater heights over the coming months, entering a MW3 here instead. Therefore, the safest approach is monitoring the $UUUU chart as a proxy to all other uranium themed names. It should offer insight into whether the stocks can break above base case Primary Wave 5 PTs assigned above. Keep a close eye on the $35-$37 area for $UUUU and see if momentum weakens across the basket alongside other sell signals. Perhaps we would see $UEC upside capped to its base case PW5 PT of $23 in this event. The extreme case is that $UUUU will overextend strongly during its Minor Wave 5 of PW5 to stay in toe with $UEC performance despite wave count differences. Regardless. At the end of the day, despite the inconvenience and incongruence present between the two names, it appears these names will go much higher in the event a breakout occurs in the coming days to weeks. Good luck.
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@Chartradamus Worse than I thought even, it’s an inverse dragonfly doji on the weekly at current prices
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@Chartradamus $UUUU currently looking really ugly with a nasty rejection weekly candle. Does that change the waves pattern potentially ?
Thanks !
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@prospero_ai I’m very bullish as well and happy to see confirmation here.
Was just unfortunate timing for you !
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@Neathoul May be, but institutions aren’t positioned that way. Gonna be interesting.
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🚨🚨ALERT🚨🚨
Our QQQ Net Options Sentiment is nearing historical highs at 65. 🔥
SPY Net Options sentiment has remained near 0 (Big Money hedging the broader market) — UNTIL yesterday. It’s now at 20.
A move from 0 to 20 is big. And with QQQ Net Ops at historic highs…this run up could get interesting.
Be safe out there. This won’t last forever. But right now Institutions are feeling frisky. 🚀
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@Kacper_PK_CH People forget how decorrelated single stocks were from the main indexes last year.
This brutal catch-up and re-rating was inevitable.
Some names are overextended now, but this feels perfectly normal. A lot of them were undervalued on fundamentals.
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@TechniCameron @ryancohen Got it
Not holding if it breaks today’s low tho
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Say what you want about @ryancohen and the $GME x $EBAY deal - Technicals suggest this could be the last fake out before breakout. I think swinging for the fences here offers incredible risk/reward:
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