Justin Huhn more or less (Nobody is precise!)called the bottom of uranium last week after the WNA conference. It looks like we're going to have a short term boom. But we're going to lose many of these short term profits. Long term uranium investors are, by now, well accustomed to going to bed at 2:00 am with a supermodel and waking up at 10:00 am with our worst nightmare. That is, a fast move upward now will be a free fall a little while later. So, as soon as the RSI goes to the top and the suckers on Twitter (X) start screaming "Wen Moon!," I'm taking 20% of my funds off the table.
Been in uranium since early 2020, I'm up heavily but it's been a painful ride. When roughly do you think we're going to have a short term peak? I'm looking to dump a big chunk.
@@JasonISF Well, I don't know exactly when. That's why we're going to have to watch the sentiment like a hawk. I'll quote Justin ver batim: "When you see the RSI get up to around 80, and you see talk on X about lambos (Today, up and tomorrow, Lamborghini!) take some profit.
@@JasonISF it is too early to call for a bottom. Look at the weekly candles. Put your money in after the bottom is confirmed and not predicting a bottom upfront.
@@hennagaijin7856 I don't chart nor am I a trader so RSI means nothing to me, but URNM peaked back in May this year just shy of 60 USD. So we've still got a long way to go up before this gets overheated.
As a small investor in the UK, I am not allowed to buy SILJ because it is a leveraged product. Are there any plain alternatives for junior silver miners? I was unable to find any a few years ago.
Blow off top coming
Don't you mean everything bottom? It's all one trade, now.
Justin Huhn more or less (Nobody is precise!)called the bottom of uranium last week after the WNA conference. It looks like we're going to have a short term boom. But we're going to lose many of these short term profits. Long term uranium investors are, by now, well accustomed to going to bed at 2:00 am with a supermodel and waking up at 10:00 am with our worst nightmare. That is, a fast move upward now will be a free fall a little while later. So, as soon as the RSI goes to the top and the suckers on Twitter (X) start screaming "Wen Moon!," I'm taking 20% of my funds off the table.
Been in uranium since early 2020, I'm up heavily but it's been a painful ride. When roughly do you think we're going to have a short term peak? I'm looking to dump a big chunk.
@@JasonISF Well, I don't know exactly when. That's why we're going to have to watch the sentiment like a hawk. I'll quote Justin ver batim: "When you see the RSI get up to around 80, and you see talk on X about lambos (Today, up and tomorrow, Lamborghini!) take some profit.
@@hennagaijin7856 URNM topped out in May just shy of 60 USD so we've still got a long way to go up yet.
@@JasonISF it is too early to call for a bottom. Look at the weekly candles. Put your money in after the bottom is confirmed and not predicting a bottom upfront.
@@hennagaijin7856 I don't chart nor am I a trader so RSI means nothing to me, but URNM peaked back in May this year just shy of 60 USD. So we've still got a long way to go up before this gets overheated.
As a small investor in the UK, I am not allowed to buy SILJ because it is a leveraged product. Are there any plain alternatives for junior silver miners? I was unable to find any a few years ago.
Just can't get confident about platinum
Good man in an industry of charlatans.
3rd