Price did go below the support line but sits right above 50 DMA. Long Ichimoku green uptrend cloud and everything is above the cloud. So, far it looks good. Dropping below 50DMA would be a concern. I would not sell just add more if have dry powder left. Spot price keeps on climbing. Sudden spike in spot price can move an entire sector quiet rapidly. Stochastic...
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 $8.86 and we...
Buy Put 7, April 16 I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live...
Expecting a small range getting built here. 7.43$ Monthly and the whole area is a HUGE resistance. Once broken, strap on your seatbelts
Fib extension from 9/17 low to 4/19 high we can see that UUUU has hit the 1.618 & getting close to the 2.618 I think the 3.618 gets tested around $10 B4 any larger pull back or correction occurs, then after the retest of the Triangle break out UUUU will break up to ATH's
Medium-term channel regained at the apex of a small pennant. Both the 1 and 10 day MAs are looking positive. Lowest risk entry in a while if you get a back-test of the yellow channel rail. Red trend is strong resistance for now.
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
Bullish on this stock having now acheived over 200% from initial entry I am letting this ride the USA Uranium and REE narratives as they bothe develop independently. I'll update with smaller levels of technical resistance as it progresses, has space to run free with pullbacks until 7.80 , once confidently above 8 we have a clear tun to 20 in sight, see channel...
Previously caught the breakout, nailed the 100% gain, will push for another 50% to top of the channel. REE and Uranium producer, good LT hold as well for green energy/commodity boom.
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
Just broke out of bull flag, 2, 3, 4-hr and daily MACD and RSI look good Expecting to hit $5.00, retest prior 52-wk of $4.82 and then head north.. GL Setting stop limit at 4.16
Last month breakout of the multi-year base since 2015, retraced 0.382 today and bounce off immediately -- expect 🚀 in following months
0.38 Fib retracement at $3.52 could be a buying opportunity
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 !!
This time it might break upper resistance as MACD & RSI turning up AMEX:UUUU
As I posted the previous chart, FCUUF broke the horizontal resistance.
Broken diagonal, horizontal resistance still in play. FCUUF has been strong will likely see follow-through.