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.
UUUU (Daily) / Elliott Wave Analysis
Some famous FinTwit people have brought some attention to #uranium as of lately & also news came out rumoring KazProm will remain shut in until 2021 so I changed my TP from .70c which was that bottom TL to $1.30 as last dip ever on this stock. I hope to catch that dip.
TSX:EFR or AMEX:UUUU are the same stock (the leading uranium mining and developing company in the USA). Good news: they got a confirmed order of $150 million worth of government purchases of uranium. Bad news: it will start in 2021 Don't want to wait until 2021 so have decided to exit from this stock for now and check it out in Nov-Dec 2019. The exit levels...
Clean impulse off the lows. What happens next week?
Waiting here on #UUUU #uranium #stock to take a big position, I think cigar lake closing down for $CCJ will be a catalyst going into 2021 and american #uranium companies will be well positioned.