UEC is primed to explode both fundamental and technical stand points of view. UEC recently purchased 1.2 million pounds of physical uranium. Price target $5.47 with April 7th to get us there - that is based on a chart and previous ATH run. Also H&S are forming in ascending triangle - super bullish.
Ichimoku Cloud:
1. Huge Green Cloud Base - bullish
2. Conversion Line over Base line and above Cloud field - bullish
3. Lagging span shooting up and above the cloud - bullish
4. Price is hovering above the cloud - bullish
This chart looks a bit too busy but I wanted to show as many bullish signals before it looks like a huge mix of colors.
Uber bullish on UEC, best looking technical set up IMHO
Ichimoku Cloud:
1. Huge Green Cloud Base - bullish
2. Conversion Line over Base line and above Cloud field - bullish
3. Lagging span shooting up and above the cloud - bullish
4. Price is hovering above the cloud - bullish
This chart looks a bit too busy but I wanted to show as many bullish signals before it looks like a huge mix of colors.
Uber bullish on UEC, best looking technical set up IMHO