Broke above the cloud today but was rejected by the upper trendline. Flies to the moon once it breaks. A very safe American uranium producer with one of only 3 licensed uranium mills in the USA. Another one that will benefit greatly if/when HR1042 passes.
Time horizon is 1 year minimum. Price target is $30+. Don't try and get cute by trading these equities, the...
Not my idea, @CryptoJack brought this up months ago.
This thing completed its consolidation, holding yearly pivot and is looking to blow up.
Long term hold, will keep buying on the way up.
UUUU has been trading within this long-term range for 2.5 years or so. The EMAs confirm a range bound environment. It may be printing a higher low/back up after s sign of strength, if this was to be considered a Wyckoff re accumulation range. Narrative around the uranium industry is slowly changing globallly and becoming more positive. People are also becoming...
Uranium sector will be moving into exponential growth come the next 3-4years expecting this to be multiples higher around 2026
Potential for a flush entry towards the end of this year early 2024
But it looks very strong consolidating near the end of this 2 year bullish pennant structure, so I'm quietly doubtful of a flush just more sideways chopgrind don't think...
Chart says it all. Macro tailwinds across the board for both commodities, and especially Uranium. IMO over the rest of the 2020's we see governments across the world push heavily into Nuclear Energy (NE), and public narratives shift in favor for NE. July 2023 was the hottest on record and we seem to be making new records every year. All it will take is one major...
Energy Fuels (UUUU) is a Uranium and Vanadium mining company that is domestically sourced low carbon renewable energy fuel (U( and steel strengthener (V2O5).
* Improving earnings - nearing profitability
* Domestic contract growth
* By-product Vanadium is also in demand - steel recycling
* Energy market can not rely on oil and LNG alone
* MFI crossing 50% and...
UUUU - Niger the African country in the middle of a Cupe D'Etat is was the main source of Uranium for the Atomic Energy Industry in Europe .
I have been watching UUUU for a while, and believe that this company was or is still engaged in a massive bear raid for the purpose of share accumulation, what else is new. Never the less the technicals show very nicely a...
I know everyone wants to be bullish uranium, but to me the chart doesn't looks as great as everyone thinks it does.
$UUUU looks to be forming a monthly lower high, which could setup a move back down to $2.48 over the next year or so.
First stop on a move down would be $6.11, then $4.46, where I think we'd find shorter term support.
Then longer term over the...
UUUU has been trending between $6 to $9 over the last year or two. It seems like it hit a local top and I believe it will head back down. On Feb 6th it closed within the baseline, and I watched and waited for it today; I entered a short position around 1 pm and it retraced and went back up. It never actually closed past my baseline ; I should have waited for...
Price bouncing from monthly support. There is a higher probability, the price will move higher from here and the recent highs again which is a monthly resistance as well.
But this test of the highs will be only to break this monthly resistance and take the prices higher.
