LEU eyes on $72.78: Golden Genesis fib a MUST hold for bulls LEU had a rapid rise and has since been correcting.
Currently trying to bounce off a Golden Genesis fib.
Its Golden sister was our topper so this one counts.
LEU trade ideas
Returning to normalcy, maybe a longer-term playTheir director bought for $5 million yesterday: openinsider.com
Even Democrats are coming around in regards to nuclear: www.facebook.com
Extra public offering: finance.yahoo.com
Local money savvy guy owns 18 000: www.aripaev.ee
Centrus Energy Corp. | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
# Centrus Energy Corp.
- WXY & ABC Wave | Center Settings
* Resistance
* Support
* Retracement
* Trend Line
Active Sessions on Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
Greater flamingoGreater flamingo is fishing in shallow waters of $LEU. Its long legs provide it with excellent stability on the muddy bottom.
T-RexForgotten beast named T-Rex is roaming int $LEU. He has mighty jaws and strong legs but he is grumpy because his hands are weak.
LEU - Opportunity to reload on swing position if this is activeWe are currently being controlled by our white buying continuation - we rejected off the top and have sold off in our controlled selling algorithms. Today we will be opening up right on top of the bottom of this white channel and will be interested to see if this can pick up price and break out of our strong selling purple. If that happens I will add to my current swing position.
Happy Trading :)
- TraderDaddyOG
LEU - Updated Analysis after nice bullish movement and reversalWe've been eyeing this breakout since we started to prove sell-side tapering from our strong selling algo to our more tapered teal. Since then, we've seen healthy movement and if we're looking back to a year ago, we can see a similar pattern that formed prior to a larger breakout.
So here I am going to allow us to come back and retest white if that's what price wants to do - if it does I will add to my swing position there, and once we break out of teal tapered selling, we have some nice room up to our retest and attempted breakout of magenta/red tapered selling.
That will be the real test and for that breakout we will need to see our strongest purple and yellow algorithms be in control to break out of there.
Hope this was helpful - as always, feel free to ask further questions on any of my analysis either in the comments or in a personal message to me.
Have a great day all and...
Happy Trading :)
- TraderDaddyOG
LEU - We've been prepared for this breakout all along! With signs of tapering kicking in a month ago and our strong buying channels awaiting activation, we've been preparing for this breakout and finally got our entry last week!
There's plenty more room for this to go although we can see some immediate signs of resistance here at our tapered teal. Look for yellow strong buying continuation to continue to activate and hold price for a breakout of teal and test of magenta.
Happy Trading :)
LEU - Finally a bullish signal with lots of room to the upsideI've been watching Centrus Energy (LEU) for the past few weeks considering they are a strong company and we're in a very strong controlled selling (yellow) algorithm for some time. I was waiting for a bullish sign of reversal prior to finding support at tapered blue - which we saw last week when price was picked up by teal buying continuation. We are now gapping up above our strong yellow selling algo and our next stop will be to test the breakout of orange more tapered selling.
If we reject off of orange, we will be looking for one of our buying continuation channels, preferably yellow (very strong) to pick up price and take us out of orange where we will then have the opportunity to attempt a magenta tapered break.
Will keep you posted with further analysis as price develops!
Happy Monday and as always,
Happy Trading :)
LEU - Buy Opportunity at potential near-term lowI like what i'm seeing on the charts here. I will keep you all posted with further analysis as we see more movement here but at the bottom of this controlled selling channel I see good value for a potential quick move to $50.
🔍💡 Centrus Energy (LEU) Analysis 🌐⚛️📊 Company Overview:
Centrus Energy operates as a supplier of nuclear fuel for the global power industry.
💼 Potential Contract:
U.S. Department of Energy seeking bids for a domestic supply of enriched uranium fuel for next-gen reactors.
Centrus Energy considered a strong contender for the lucrative contract.
💰 Market Dynamics:
Increased demand for uranium, especially in nuclear energy.
Uranium spot prices at $92 per pound, the highest since 2007.
📈 Outlook and Entry Point:
Bullish outlook for Centrus Energy.
Suggested entry above the $48.50-$49.50 range.
🎯 Upside Target:
Upside target in the $72.00-$74.00 range.
📣 Conclusion:
Centrus Energy poised for growth amid potential government contracts.
Strong demand for uranium contributes to positive market dynamics.
Bullish outlook with suggested entry and upside target.
Stay informed for further developments! 📰💹 #CentrusEnergy #LEUAnalysis #MarketWatch 🌐📊
$59+ leads to a big bullish trend We are slowly approaching a important milestone. If $59 is overriden then the bullish trend will be comfirmed.
Small CrabSmall Crab spotted on the beach of $LEU. Beware of his mighty claw.
Some species of crabs are known for their remarkable ability to walk and even run sideways. This distinctive sideways motion is due to the structure of their legs, which allows them to move efficiently in a sideways direction. The way their legs are jointed and the orientation of their hip joints make this unique movement possible. This sideways scuttling is not only charming to watch but also serves a functional purpose, helping crabs move quickly and navigate their often complex environments with ease.
Centrus Energy - 300% possible?Centruy Energy looks quite goot at this level.
Lets look at the longer timeframe. Stoch RSI looks to turn up.
We are breaking throught the 36M SMA and 12M SMA, as it seems.
Momentum has been reset in addition.
A more convervative view would be the monthly resistance Zone with around 195% upside.
300% sounds unrealistic? - The company was valued the same 2013, that`s why we have a confluence of resistance in this area in addition.
One of the Uranium instruments that look quite attractive at these valuations.
Centrus Energy Ready for a Surge?Various technical indicators are pointing towards an upward move. Fundementals as well, with a proliferation of bullish news catalysts in the nuclear/uranium sector. $LEU's low float causes it to quickly go up multiple times over when on a bull run. But it's a bucking bronco... will check back in. Trade safe.
Invest like Bill Gates & Michael Burry, buy uranium stocks.As climate change becomes the focus for the world, countries want to reduce carbon emissions. Nuclear energy is key to attaining this.
Michael Burry had this image as his Twitter header for some time:
web.archive.org
But why Centrus Energy (LEU) out of all the other uranium stocks?
It's because Bill Gates' company TerraPower is collaborating with it.
And as we know, he's a huge proponent for it.
Recently he released a book "How to Avoid a Climate Disaster" where he explains why it's important.
seekingalpha.com
$LEU FUDWhether or not you think the corp formerly known as USEC is going to go bankrupt again, I've decided to help pour some copium on the wounds of traders and investors who've been tightly clutching diamonds in their hands during this whole ordeal. Yes the stock plummeted because it was overextended and there's low float, but also yes the CEO has been selling a ton of his shares and inspired widespread FUD with his comments in the earnings report. Regardless of how we got here, it's where we'll stay for the time being (and by that I mean stuck below $40 resistence).
If you do a Fib extension and map out some basic resistences and supports, it's clear that there are many different levels and trendlines that the price will need to wade through in the future. This was a very weak bounce that appears to be forming a bear pennant; but if the price levels hold firm and the U Thesis holds true for the rest of spring, I can see $LEU's price doubling to the top of a megaphone pattern. Trade wisely, my friends.
Centrus Energy $LEUCentrus Energy looks interesting here after its breakout from scallop formation. Currently one of my favorite charts in the uranium sector. #uranium $LEU
$LEU Long planAfter almost a year long of consolidation and flagging, Centrus Energy Corp moved impulsively on August 30th and begun flagging again for a larger move up. Backed by Uranium spot prices increasing due to physical accumulation, LEU held strong in range despite the market downturn as of late. Last Thursday and Friday LEU showed relative strength moving to highs not seen since 2014. The 35 to 39 price range provided good support from an area last visited in May 2014. The next area of resistance/support should a wide area between 53 and 64.
The trade plan here to go long, would be to wait if there is a retest of the breakout at 39.90 or if there is a retest of the previous weekly high. Notice how the bullish candle from Sept 13th is showing strong VWAP support as the launch pad for last Friday's move.
Centru Energy - time for taking profits follow soonIn this mad market looks like this stock is start reacting like tech sector one.
LEU WILL POWER THE FUTUREWith a major infrastructure plan in the works, EV burning up the roads, and hoping for a green future, Leu is waving its flag and trying to get our attention.
Earning report on 8/17
Bill could pass any day, earnings report likely positive - If they happen close together this will be a one-two punch on the accelerator.
Price to drop on 8/11 with 8:30 AM inflation numbers - good time to load up and strap in before lift off!
the above is personal opinion and should not be construed as stock advice or direction.
Good luck!
