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...
Watching for head and shoulders at support/resistance formed from tagging bottom wick of prior congestion area. Would be interested in right shoulder short not the head.
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
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....
6/10/19 - $3 cross. Did measured moves analysis. 28% or so is move up. 20-33% is move down. Entry here is on pullback to prev. weekly open with a target on typical measured move of 27%.
Entry is GTC.
Ill keep this one short, UUUU looks BULLISH! We have bullish divergence on the daily and under, weekly RSI sitting at the 40 support, we are sitting at a major support zone, 50 2 week and 50 month MA line up with the support zone, we have have double tweezer bottom form on the daily and we are very likely going to close the weekly with a beautiful hammer candle....
This is a nice set up to take a swing trade on Energy fuels UUUU. We are at a strong support and we have bullish divergence on our daily time frame. monthly and weekly 50 moving average lines up nicely with our support area adding confluence to our trade. when i see this i see a good risk to reward trade.
lets get this money you degenerates!
Tried this count a few ways but still seeing this as an ending diagonal to complete the 5th wave. I would be interested to see other Elliott Wave counts from the community on this one.
Cheers,
Marc
Changed my count to an expanding diagonal, although fairly rare, i can't really see it any other way at the moment. Remember Wave 5 must be longer than Wave 3 but can under throw an not touch that upper trend line.
Cheers,
Marc
Energy Fuels Inc. (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming. It conducts its conventional uranium extraction and recovery activities through its White Mesa Mill. It owns the Nichols Ranch Uranium Recovery Facility in Wyoming (the Nichols Ranch Project), which is a uranium recovery facility operating in the United States. In addition, the Company owns the White Mesa Mill in Utah, which is a conventional uranium recovery facility operating in the United States. It also owns uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation, as well as fully-permitted uranium and uranium/vanadium projects on standby.
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