URANIUM - About to start a multi-year bull run ?Energy Fuels Inc.BATS:UUUUElliottWaveBelgiumThis is one of the most promising names I've been stalking those last few months if you're looking for a buy and hold position especially, but it's excellent for a quicker trades also! Use the Uranium ETF if you want. Technically speaking, we have a very promising long setup right now with a very well defined tight stop at that 10.60 low (or even at 11.80$ if you want but that might be to tight) and a huge upside potential starting with a first target at 40$ but if it's really starting a wave 3 (it's the biggest move for those that don't know EW), I won't be surprised to see price climb up to 340$ ! - What we have - Pros : -Price corrected in a 3 wave move after a motive wave from 3.20$ up to 26.90$. -Price bouncing of the frequent 61.8% Fib retracement zone. -Undercut and rally setup. -Energy sector leading YtD -Increased demand of Uranium around the world especially in China. Cons : -Price below the 50 and 200MA for now. TLDR; Buy with a stop at 10.60