Live Swing Trade Idea

We bought $LEU yesterday in the pre-market at $146. The stock was already up around $10 shortly after the entry.

This is a mid-term swing trade based on the chart structure and risk/reward.

6 Reasons

• Double bottom
• Higher low
• Low of the potential range
• 464 to 133 is a good enough retracement
• $300 magnet
• I already drew the paths in Saturday’s video. We are playing the most likely scenario of a range extension toward the $300 magnet.

LEU Trade Setup

Entry: $146
Stop: $100
Target: $300
The Few Trades That Matter: NO

Risk Management

Suppose your account is $100,000 and you risk 2% per trade. That means your maximum loss is $2,000.

With an entry at $146 and a stop at $100, your risk is $46 per share.

Position size: 43 shares
Total position value: approximately $6,278
Maximum loss if stopped out: approximately $1,978

The potential reward is $154 per share, or approximately $6,622 if the target is reached.

That gives us a risk-to-reward ratio of approximately 3.35:1, meaning the trade needs to win roughly 23% of the time to break even mathematically.

I believe the probability of success is significantly higher than that.

As always, adjust your position size according to your own risk tolerance.

Nuclear Energy Stocks

$LEU is part of the broader nuclear energy and uranium sector. Other stocks I am watching in this space include:

$CCJ
$NNE
$OKLO
$SMR

Final Note

These updates reflect structured trade management and probability-based analysis, not financial advice.

I may exit and re-enter positions during a trade as new information becomes available. If you don’t have the time, or simply prefer a more hands-off approach, sticking to your original stop will work just fine over the long run. The difference in performance is unlikely to be significant, as most of these adjustments tend to balance out over time.

Risk management and position sizing remain the foundation for long-term survival.

Educational content only. Trading involves substantial risk. The setup grade and outcome described here are specific to my plan, sizing, and risk tolerance. Do your own work.