Some Pure Chartology
Its All About U U U U !
Canadian Symbol…. EFR.TO
All I know about the Fundamentals of this company called Energy Fuels Inc is, its a Uranium Company and I LIKE the Symbol ! Chartologists don’t give a %&*T about Fundementials.
Other than the fact this is an exciting looking chart. It also happens to be a good study in Chartology.
Many here are embracing this discipline …so its good to study this chart and its labels
For instance the Bottom Structure ,
Also….. a 5 point ( odd number ) pattern that breaks out is a Reversal Pattern
While a 4 Point pattern breakout is a continuation. Both are present in UUUU. We even have patterns within patterns
I am sure even the rawest new rookie here can see what the important numbers on this chart are.
Also consider the TSI for guidance . AND the 50 Day moving average seems to have been retested…to say the least.
I Like UUUU ! Do Youuuu ?
Weekly
MUST only view this while listening to :
” I want U ”
………………………………………..
I Want U so Badddd
https://youtu.be/qvypQtn4bVc
And thanks to you, I now own some of this one.
Also some DGAZ and JNUG.
Back in the game now that my shingles have healed and I have returned to my right mind…..
Management is rather reckless however in issuing new shares. That’s why we got the big gap down
no time to study –sticking with ura
Other than the fact that the 5 year chart is the poster child for the uranium market in general, coupled with the current freefall in the price of uranium, and the recent uptick was on far lower volume than the previous downtick, what’s not to like about this stock?
Agreed, a beauty. And it looks even better if one ads Volume By Price and go to monthly.