Nice level here at the bottom of channel consolidation and the 200dma. Watch for reversal to get long for much higher targets
I know everyone wants to be bullish uranium, but to me the chart doesn't looks as great as everyone thinks it does. $UUUU looks to be forming a monthly lower high, which could setup a move back down to $2.48 over the next year or so. First stop on a move down would be $6.11, then $4.46, where I think we'd find shorter term support. Then longer term over the...
bullish funnel formation easy invaladation here if we fail the next couple of levels cut the position quickly 77% to range high, very decent r/r
Ask yourself: Would you have been able to hold through the multiple 40% corrections in between?
Energy Fuels is the leading U.S. producer of uranium – the fuel for carbon- and emission-free nuclear energy. Nuclear energy is expected to see strong growth in the coming years, as nations around the world work to provide plentiful and affordable energy, while combating climate change and air pollution. Energy Fuels is also a major U.S. producer of vanadium and...
*** This is just for educational purpose. It is not an investment advice. I am just sharing my own analysis. Thanks for watching. Follow if you like.
I am Uber bullish on #uranium sector. Looks like consolidation is over and we are ready for a new move. Technical looks very good, beside strong fundamentals for uranium and this particular company. Inside of megaphone pattern we are also seeing bullish formation. Price is hovering just above 50 DMA which is a bullish sign. new price target around $8.86 and we...
Expecting a small range getting built here. 7.43$ Monthly and the whole area is a HUGE resistance. Once broken, strap on your seatbelts
It is early to state but I just found that Energy fuels(UUUU) could be in a bull flag. It could stay in it with retracement taking us back as low as 50% from the peak which would account for $3.48. If it was the case, then after breaking out to the upside potential price target would be around $11-$12. Taking into consideration uranium market condition it is not...
$UUUU $UUUU Might be ready to push to the Monthly at 4.50$ before EOY. If it does, it will likely range a bit between the Monthly and the Weekly below. #EnergyFuels #UUUU
Uranium and Metals will rise. US-China tensions will not go away with Biden, in fact only grow. This is the path we are on. PTs 9, 22, 35
Enormous buying volume in monthly charts. Looking forward. Do you own research. *** Just sharing my opinion not an investment advice.
Price right at resistance ! Volume vacuum above 2.12 ! Beautifol multi month inverse H&S formation. UUUU is a secure buy with a stop right underneath resistance. Unfortunately I do not heave any spare cash to invest. However it will be nice to watch !!
The latest test of the white line trendline following the mid-April breakout, suggests a confirmation pullback might be forming. Price needs to pick up for the breakout to sustain.
Energy Fuels state they are "the No. 1 uranium producer in the U.S. with a market-leading portfolio" as well as being a recent vanadium producer. Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols...