UUUU trade ideas
We doing it again, baby!Because why not?
Reasoning: Bullish divergence at the bottom of the triangle. That is all...
UUUU wycoff is in the houseOk so, monthly time frame looks like a big cup and handle.. in the consolidation ive labeled what i think could be a wycoff accumulation. The measured move of cup and handle lines up nicely w the 2.618 extension of the accumulation range we are in. Risk; i would not like to see it move back below 5$. as a kicker, looks like a potential inverse h/s in the last part of the move that targets the top of range around 10.50...Do your own DD and never just trust some guy on the internet, but as for me i like the stock
UUUU eyes on $6.52: Golden Genesis fib to break and run? Uranium and nuclear stocks are exploding (lol).
UUUU moves a lot on its own, might be on verge.
Look for break and retest or rejection to support.
$ 6.42 - 6.52 is the zone to be flipped.
$ 8.29 - 8.35 is the major target above.
$ 5.96 - 6.00 is near support, SL below.
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How i found UUUU strange activityVolume at least 10mil above
4 days cumulative growth more than 10%
Price at least above USD2
UUUU meltdown updateB leg was adjusted but no change in overall plan. Waiting for a violent move lower. Aiming for $4, $3 and $2 is on the table.
ConsolidationThis consolidation period that we're in should conclude by April 2026, hopefully much sooner though...
Uranium double bottom, about to nuke orbit (options play inside)Uranium about to have another leg up once the FED cuts rates this summer. MACD is almost turning over.
Calls for August are going for .12, wait till the double bottom and they should be around .10 or less and scale out at 1.00 or higher. That's 1000% return for waiting a couple of months. NFA.
potential for rSHSaid bet on rSHS with right shoulder reversal forming around volume profile PoC (white line)
$UUUU meltdown?Looking for a violent move lower.
Aim:
$2.00 and then $1.50.
Market capitalization approximately $300MM.
UUUU to resolve bullish pennant with 117% upside moveI mean, hopefully.
You can see my prior analysis results for AMEX:UUUU here.
$UUUU breaking out of steep trendlineAMEX:UUUU bouncing off the supporting trendline on the left chart while it is breaking out of a very steep trendline. DYDD.
UUUU Energy Fuels Bull FlagBroke 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 train will eventually leave the station and I believe it is imminent.
I am very passionate about the uranium bull market in progress, feel free to ask me anything.
Cheers!
#UUUU A reversal off the 200dma could bring about buying oppNice level here at the bottom of channel consolidation and the 200dma. Watch for reversal to get long for much higher targets
Uranium will melt facesNot 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 breaking out? 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 more aware of the uranium supply/demand imbalance which is looming.
Would look for a weekly close above $8 to help us confirm this is a breakout, higher volume would also be a confluent factor.
UUUUUranium 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 there's many sellers and buyers are hoping for an opportunity to step in by the looks of things.
$UUUU 'set it and forget it' to a 10xChart 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 climate event for narratives and funding to shift towards NE in a very big way, as its really the only practical 'green' energy source for us at the moment.
UUUU entry - sub $6Energy 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 consolidation and buying will increase scarcity
* CCI momentum hitting bottom
Entry this week after dropping below $6 with limit buys and retracing back to 238 fib level. Will watch for drop to full retrace to $4.90 (exit before) or a more likely climb to 500 retracement at $8 and watch for break through or more consolidation.
Own opinions of energy market - come to own conclusions, or comments here welcomed. Like to hear what others in energy market have to say. Warm winter LNG will get us through, what stocks are you loving for 2023?
@Pokethebear
@rudcharts
UUUU Energy Fuels - Uranium among other refined fuels 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 potential doubling in share price .
Patience will pay UUUUSo much chop and range bound. Expecting price to sweep the lows here in the coming months before another leg higher towards $20
$UUUU
$UUUU forming a monthly lower high? To see lower prices ahead.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 course of the next year, I can see $UUUU heading back to the range it broke out from.
Let's see what happens.
