URANIUM: Megatrend Needs a Bloodletting

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URANIUM: Megatrend Needs a BloodlettingUranium (CCJ, DNN, NXE and URNM)FX:URANIUMTotSamiyKaaWe are undeniably in a Uranium Megatrend. However, disciplined trading is about timing, not just direction. Right now, the data suggests a tactical pullback. Whether you play the short side via CFDs or lighten your stock positions, the goal is the same: capital preservation before the next leg up. This isn't a reversal; it's a reset. Don’t get shaken out—prepare to jump back in when we hit the targets. # - - - - - These were just talks, but lets take a look at Technicals: 1. We are in a global Uranium Megatrend that originated in mid-2021. 2. Price is currently in its 3rd accumulation zone (Zone 1: , Zone 2: , Zone 3: ). 3. The market has left uncollected liquidity in the range, which serves as a primary target for a corrective move. 4. For this corrective to come in play, price must close below the support zone. 5. The probability for this outcome increases as we see sellers pressure since Feb. 28 (price is setting lower highs). # - - - - - Conclusion: 1. I see 2 possible targets for the short movement: The imbalance zone in range as well as technical support at psychological $5000. 2. The deeper targets are not taken into account yet and might be calculated if the market sentiments gets bad. For that case is the zone the price might target to find the bottom. 3. In order to keep Risk/Reward Ratio affordable, the Stop-Loss has to be set above the liquidity pockets from 11. and 12 March. 4. But the short scenario will be finally invalidated after price closes above $7700. So take care # - - - - - # Short Scenario: ✅ Entry Point 2: $6486 🛑 Stop-Loss: $7233 🤑 Target 1: $5681 🤑 Target 2: $4978 🤑 Target 3: $4200 (Low Probability) If you trade Stocks or ETFs, below approximate % change from current: 🛑 Stop-Loss: + 8.75% 🤑 Target 1: - 14.5% 🤑 Target 2: - 25% 🤑 Target 3: - 36.5% # - - - - - Good Luck! ☺️ # - - - - - DISCLAIMER: Not financial advice. Everyone must make trading decisions at their own risk, guided only by their own criteria and strategy for opening or not opening a trade. # - - - - - P.S. I’ll be dropping deep-dive analyses on global megatrends in metals and commodities. Follow me so you don’t miss the next one. P.P.S. See analysis on other Metals in Related Publications on the right >>>