Energy Fuels Inc. (UUUU) is a $1B uranium and vanadium mining company.
Perhaps old-school oil and gas names are top of mind. But don’t let the alternative energy names pass you by.
UUUU captures the bullish developments in the uranium space with its base-on-base formation and upward-sloping 200-day moving average.
The stock completed a multi-year base in early 2021, exploding higher. It is now on the verge of doing the same as buyers bid up the market, challenging a multi-year downtrend line.
If and when this stock takes off, we expect a rip-roaring rally and a steepening long-term average to follow.
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