AXU…
You have to go back almost 8 years to find a higher weekly close than this week.
I think $5.75 is a very realistic target for AXU on this upleg (over the next 3-4 months), which would represent a test of the neckline of the large H&S top that started the bear market back in 2012.
It’s all time high, which was the “head” of that H&S was $10.28. I think this would be a bit optimistic as a target prior to a significant correction of either price and time. But that’s probably getting a little “a head” of ourselves.
But I really don’t have any confidence on how this is going to play out with respect to price and time, except that I am banking on a very bullish outcome over the next 2 to 2.5 years.