They are either posed for further decline or rapid upward movement if US gov buys enough domestic Uranium from them. Not trading, just looking now.
The bear market of spot Uranium has dragged down the price of the subsequent uranium miner stocks, including UUUU . This stock in particular experienced a very steep mark down period during the time of the Fukushima reactor meltdown. This event left a bad taste in the mouth and as a result, many stepped away from using nuclear energy to the same extent to meet...
Bearish 5-0 (White) Harmonic pattern approach
Send it bb. Bought in at 2.19 gonna ride this one up after retesting the channel it was in for a few months.
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...
Aim for 161.8 of CD. check out the last one too.
Trump did not approved increasing import tax from 7% to 25%. That would greatly benefit domestic uranium miners, such as Energy Fuels Inc. Trump did not approved simple tax, but called for a working group to evaluate and work with industry how to help domestic uranium miners, so USA would be more independent on their Uranium purchases, citing national security....
Is it time to buy some energy fuels? I am little bit hesitant because of possible strong resistances on SP500. Bigger correction on US stocks market would complicate our long here Next buying zone @2.55
please look for my other idea for explanation, This one I like little bit less, but still a decent diversification.
Sharing my primary chart as discussed on my YouTube video today. For full details, please watch that YouTube video. Can be found on my Twitter. Uranium stocks have seen a massive volume pick up in recent months. I don't necessarily believe these are instant buys, but I believe that we will see a massive move up once the correction completes. Pay attention to...