Aug. 11 at 4:28 PM
$UUUU $UUUU is showing increasingly bullish momentum. Energy Fuels has climbed to
$14.60, gaining nearly 16% in one week after forming a strong bottom around
$10.5–11. The breakout above
$14 is technically important; holding this level could put
$15–16 next, followed by the
$18 area. Momentum is supported by renewed strength across the uranium sector and growing demand for secure Western nuclear fuel supply. Energy Fuels also offers additional upside through its rare-earth strategy, giving
$UUUU exposure to two major strategic themes. Other uranium names such as
$CCJ,
$UEC,
$DNN and
$LEU could benefit from the same trend. After the brutal correction from above
$20, the recent sequence of higher lows and higher highs suggests the trend may finally be reversing. Above
$14, bulls clearly have the momentum.
