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.
EFR trade ideas
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.
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!
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
UUUU Expanding Diag #UUUU #URANIUM 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
UUUU Entry 2.69 #UUUU #URANIUM #STOCKSFirst trade in uranium personally as I see some potential for growth.
My entry here was at 2.69 today. Stop Limit set below A as if it breaks this level it invalidates the triangle count. Good Risk to reward here, always manage your risk and set a stop loss it's the smart thing to do!
Cheers,
Marc
Bounce?It would be nice to see a bounce from the daily 200 EMA after an 18% decline from the recent high
UUUU Long - 4/2/2019Strong trend continuation indication for UUUU, quick TP and conservative SL set.
Trade responsibly; TPs and SLs
Uranium in bullish modeUUUU creating a nice 5 waves structure. Short term target $5.3. Next wave (wave 3 or C) should bring us to $9.
chad's a uranium maximalist now smfhthis chart really should give u a boner (even if ur a lady-dude), if it doesn't u should see a boner-doctor
i have a 401k, and mutual funds and shit (boooooorrrrriiiiinnngggg) but its the charts like this that u just buy a fuckload of wake up rich one day mid like 2023 or some weird shit
*note: this is not financial advice, but even if it *was* financial advice (which a court of law may in fact determine), it is incredibly bad totally-not-financial advice, and the author advises that u not take it
UUUU LONGIf I am correct UUUU seems to be running an upward trend with potential to rally similar to how it did on the 1/24/19. Tight stop at 2.74(below first moves 6.18). Targeting $3.20 and anything after that I will play as I see.
Thanks
GPJK
UUUU - Yeah this is bullish...Highest time frame available for the Maxx Momentum (2 month) is squeezing with momentum up and significant increase in volume.
Cyan are levels I would like to enter at and orange are targets.
If the squeeze does fire long we could test the 2.0 at $22.
UUUU - Could Go Either Way Short Term; Bullish Long TermClosed after a small bounce off the 50D SMA, just below the 100D. This stock has been incredibly correlated with the 50, 100 and 200D averages. Short-term, Wait to see which direction it breaks (above 100 or below 50) and long/short appropriately. Long term, still very bullish. Global uranium demand is only set to increase drastically, as well as being the only vanadium produced in the US.
The section 232 for Energy Fuels will be absolutely massive if approved and based on Trump's previous policy, that seems fairly likely. However, if denied it will destroy a lot of enthusiasm. The 232 was filed Jan 16th, 2018, and they were federally inspected a couple months ago. Once an investigation is started (started in July 2018), the final decision must be made within 360 days.
Energy Fuels - UUUU just federally inspectedUUUU at 100% fibonacci retracement at 3.03 entry. Seems stable entry based on Federal needs and Vanadium sales just starting and needed for high strength steel.
Sorry for not sharing earlier - SEE GREEN BAR for action candle Largest US Uranium and Vanadium mining stock Energy Fuels. UUUU
Starts production of V2O5 (vanadium pentoxide) for high strength steel (infrastructure/rebar, military, aircraft engines, thin gauge steel automotive) for first month at 200-225K lb./ mo.
Sorry no futures symbol for V, but UR1! is uranium. both are in tight global demand with 20% CAGR driving prices upward, as well UUUU producing more at low cost, aka margin power.
Gap in demand to supply was late 2019-early 2020 and starting sooner for both.
UEC
OTC:BKUCF
TSX:U
AMEX:NLR
OTC:WSTRF
OTC:FCUUF
OTC:CCCCF
TSXV:VONE
OTC:APAFF
FWB:JT71
Today w've crossed resistance line of 2011!!!Today we have a milestone!
The resistance-line, since 2011, was taken out with a huge jump!
Good news was the basis of this jump: Next month there's only one vanadium producer in north America...
Congrats !
Energy FuelsEnergy stock watch: NYSE: UUUU Energy Fuels
* Only domestic mining V2O5 (Vanadium oxide) as anther REE metal with good value in 2018 and high purity for electronics/mil. spec. 4M lb. 2018-2020 <$4/lb. Sept. 2016, >$22~23 Sept 2018
* Domestic US Ur miner getting US yellow cake orders, growing demand in volume & price, currently $27/lb. §232 Investigation
* UUUU in buy spot at lower trendline and Bolbands, between Fibretracement (upward trend on 4h).
* UUUU 60% of clean energy is nuclear.
* URANIUM FUTURES
* ISR low cost, high productivity process
* Land clean up, copper reclamation deals as side bonus
* Global nuclear plants to increase by over >430 in next 5-10 yr. (Saudi Arabia, China, India, UAE, Russia)
* Comeco and Kazataprom plants reduce global supply by 16.5% this year accelerating 2020 supply gap to late 2018-early 2019. Repeat 2006 price spikes for supply.
Energy Fuels At Support - Reversal (Likely) ComingAt the bottom of an ascending triangle. Also back down to the 50 SMA, which has been a key level of support for months. We still dont have a bullish confirmation on the Stoch, BB, MACD, and the RSI is not oversold, so wait for a bounce upwards to confirm reversal. Otherwise, this could be breaking down. From a FA perspective, UUUU is looking very strong. As the newly sole Vanadium producer in NA, as well as the filed Section 232 to regain the Uranium market in the US (decision coming in the relatively near future), things could be really looking up. We also have earning coming up on Nov 1st, with expected earnings being a big improvement on last year ($-0.05 EPS vs %-0.07 EPS).
Regardless of how this triangle breaks, keep an eye on UUUU in the near future. This could be a source of huge returns as the Uranium market ticks back-up (fukushima reactors back online, historic low for uranium, more countries moving toward nuclear etc).
My opinion, not financial advice
