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IamJeanPaul
5. Sept. 2017 14:50

URANIUM MINERS ETF IS GETTING READY FOR BIG GAINS Long

Global X Uranium ETFArca

Beschreibung

I will analyse some uranium stocks in the coming days if you are interested.
Uranium prices are extremly depressed, i don't think they will fall much further from this levels, this could be a multiyear opportunity to load up on uranium mining stocks
Kommentare
BhanuKiran
Hey Jean Paul,

I am a newbie, went through the plot ( x axis in years). I see that the price fluctuation is very slow and curious about the duration of the stay in the market ?
IamJeanPaul
@BhanuKiran, Hi mate, i am sorry i forgot to mention the duration, but this is very longterm (years). I would not invest in this market just for a shortterm perspective, because sometimes as you said it moves very slowly for months, and suddenly it starts moving aggressive.
So this trade is very longterm i would say for the years to come, and i am personally invested in some uranium stocks, and using money i am completly ready to lose, because this is just a buy and forget strategy, i am exceptionally not using a stop loss for now in this trades - so you see its very risky.

I urge you to manage your risk wisely, and if you decide to invest in this market think very longterm, and don't risk much money.

I also urge you before investing in markets like these, to read as much as you can about them, and really have the input you need and confidence you need to invest in them.
For example:
seekingalpha.com/article/4105726-ur-energy-looking-good-uranium-prices-hold-november-2016-bottom
insideenergy.org/2017/08/30/busted-uranium-market-gears-up-for-potential-boom/

Please don't rely just on my analysis, but try to research as much as you can, and create your own idea in your mind.


Blessings to you my friend.
BhanuKiran
@IamJeanPaul,

Thanks for response. Actually your article on GOPRO is well written, timely commented and a good learning source for a newbie like me. Which prompted me to go through your rest of your articles. Hence i came across this and just curious about the duration of the stance.
YannickLegendre
Hi
Thanks for analysis
Have a look on cameco (main share of this ETF)

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