LONG UUUUExpecting 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.Longby jerryas4
LONG UUUUExpecting 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.Longby jerryas1
UUUU - A Levered Play on the Uranium MarketThe 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 energy demand. In 2016, we saw a 'base' establish for the stock right around $1.35. As the market structure stands, this is the bottom end of our accumulation range. The upper end of this range is at about $2.35. Mid-2018, we saw a market expansion take place as price tested the upper end of our range, and surpass it. When price exceeded $2.35, a lot of attention and capital started to flow into the Uranium market, the market makers unloaded shares for about a year, then sent price back down into our accumulation range. Today we are seeing a lot of choppiness, as bulls and bears battle it out. Overall, I see a lot of room for growth in this sector, especially during a time of clean energy promotion. I believe nuclear energy will be the answer to the demand for clean energy. I have a price target of $5.28 by 2022. An entry at $1.35 would give an incredible R/R of 3.94/0.0064. An upside of 400% and a downside of about 10% if market structure breaks. Beware of the volatility, and search for a safe entry. Longby micahjmillerUpdated 9
UUUU is for Uranium...Bombs N is for no survivorSend it bb. Bought in at 2.19 gonna ride this one up after retesting the channel it was in for a few months. Longby GarrettM255
UUUU: HUGE SHORT OPPORTUNITYThis short allows for a very minimal possible loss, but huge possible gains. 4th wave is expected to end right at the bottom of the 1st wave, by end of 2019/early January 2020. I have January 7th as a possible target date to enter short. If UUUU pushes 2% higher than the count is invalidated and you should exit the short. If it drops at that 0.5 fib and doesn't go into wave 1 price territory than the count is valid. Expect the 5th wave to go to a minimum of 1.618 of Wave A. The blue box shows all price targets for the 5th wave. We could see an extended 5th wave meaning it could go down a lot further than that. Either way, expect large gains, just be aware of the 4th and 1st wave interaction after you enter the trade. Shortby UnknownUnicorn3924495116
Watching for resistance at 2.46Watching 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.by mljones1
UUUU: Energy Fuels IncEnergy 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 Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah. It also holds interests in uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation located in Utah, Wyoming, Arizona, New Mexico, and Colorado. Energy Fuels owns two fully licensed and constructed ISR uranium facilities in the U.S, with a combined capacity of 3.5 million pounds of uranium per year. $42.6 million of working capital, including $16.6 million in cash, $11.4 million in marketable securities, 485,000 pounds of finished uranium goods inventory, and 610,000 pounds of finished vanadium goods inventory. The Company completed no uranium sales of any significance during the quarter and continues to add to uranium inventories. On July 12, 2019, President Donald J. Trump issued a Presidential Memorandum pursuant to Section 232 of the Trade Expansion Act of 1962 (as amended), ordering the creation of the U.S. Nuclear Fuel Working Group (the "Working Group") to "examine the current state of domestic nuclear fuel production to reinvigorate the entire nuclear fuel supply chain, consistent with United States national security and nonproliferation goals." The Working Group has 90 days from July 12, 2019 to complete its recommendations to the President. The Company intends to continue supporting this initiative in Q3-2019 and believes it has the potential to result in actions that provide meaningful support to the U.S. uranium mining industry. M timeframe BEAR W timeframe break above BULL D timeframe overextended overreaction BULL RSI W timeframe oversold BULL MACD W bears loosing momentum BULL UX3Mo futures broken above TR line BULL RRR more than favorable BULL Nuclear reactors building in India, Russia, China Japan considering running again nuclear reactors after Fukoshima Kazahstan cutting supply due to mine amortization Low prices have taken out non-economical uranium projects EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account. Stocks & ETFs, Currencies, Metals, Futures , Options, Funds, Bonds, Crypto¬currencies. Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures , foreign currencies, and bonds involve a high level of risk. Longby EXANTE-TOG3311
LONG UUUUExpecting 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.Longby jerryas2
Long UUUU rebound 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. 36% sell off is big overreaction, turnaround for 232 petition isn't what everyone expected, but it's not bad, it's quite positive actually. Meaning in 90 days, UUUU should at least once touch area 2.5-2.8 USD, if not because of fundaments, at least because of TA.Longby n0xTrader1
UUUU Uran bullishIs 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 Longby HalbuUpdated 334
LONG UUUUExpecting bounce from extremely oversold weekly and daily levels after huge drop regarding section 232 rumours. Longby jerryas4
UUUU Wave AnalysisSharing 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 this market. If you see bullish news start coming out, it's time to HODL. Longby ThePumaUpdated 13136
Long UUUU after crazy selloffLong UUUU after crazy selloff. It should bounce back.Longby n0xTraderUpdated 3
Fakeout completed?The fakeouts from this channel were so far followed by an aggressive move to the opposite direction. Let's see what happens this timeLongby dobisaUpdated 0
UUUU Long6/10/19 - $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.Longby RexDogActual222
UUUU Still going according to plan #UUUU #URANIUMStill bullish with lots of upside to go! MarcLongby tr3mblay4
If you are not long you are wrong 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. Fundamental are looking stronger and stronger as the days go by and section 232 will more than likely be approved withing the next 50 days or so making this set up even better. Like the title says, if you are not long you are wrong. Longby MajorBitcoinPayne1
Good spot to go long on Energy Fuel 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!Longby MajorBitcoinPayne3
Energy Fuels Inc Bullish #UUUU #uranium 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 Longby tr3mblay0