HLU - Trio Retest: Where Structure Meets Opportunity!Homeland Uranium TSXV:HLU just secured a long-forgotten 35-million-pound uranium deposit in Colorado, originally discovered in 1979 and abandoned when the nuclear industry collapsed.
With uranium prices up 141% in four years , and global demand expected to jump another 28% by 2030 , Homeland is positioning itself inside a powerful multi-year commodity cycle few investors are watching.
Add AI-driven power demand, national security concerns, and new U.S. policies fast-tracking domestic uranium, and HLU becomes a high-conviction asymmetric energy play.
📊 Technical Analysis
After surging by over 160% , HLU has been in a healthy correction phase, trading within the falling channel marked in red.
However, from a long-term perspective, HLU remains overall bullish, trading within the rising broadening wedge pattern.
The orange circle represents a massive rejection point, the intersection of three confluences, what I call a TRIO RETEST :
- The lower bound of the rising wedge pattern
- The lower bound of the falling channel, acting as an oversold zone
- The structure marked in blue
As HLU approaches the orange zone, we will be looking for trend-following longs.
For the bulls to confirm long-term control and kickstart the next big impulse upward, a break above the falling red channel is needed.
💡 Bigger Picture
Here’s why the fundamentals add fuel to the technical setup:
- A $2.7B uranium prize reclaimed for pennies: Homeland acquired a 35-million-pound U.S. uranium deposit for just $0.15/lb, material now worth nearly $80/lb.
- Trump’s Day-One energy orders: New executive actions prioritize U.S. nuclear power and domestic uranium production. Homeland controls a rare U.S.-based asset right as the policy tide shifts.
- AI is outgrowing the grid: Microsoft, Google, and Oracle are moving toward nuclear due to soaring power needs. Homeland owns the fuel they’ll need.
- National security tailwind: The U.S. imports 98% of its uranium. Russia banned exports. China is hoarding supply. Homeland’s American deposit is uniquely strategic.
📘 Bottom line
HLU is sitting at a key technical zone while the macro, political, and energy narratives align in its favor. If the TRIO retest holds, the next bullish impulse could unfold from a position of both structural and fundamental strength.
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📚 Stick to your trading plan, entry, risk management, and execution.
All strategies are good, if managed properly.
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