Explosive FCU chart - $3.00 target 12-18 monthsFrom Investing.com today:
"While CCJ is certainly the safer, more stable way to play uranium (the stock pays a roughly 2% dividend and the chart shows major support near $16) a leading explorer in the space is Fission Uranium Corp. (TO:FCU):
"There is a strong probability that FCU hammered out a bottom during the past month. Friday’s session printed the most bullish candlestick possible; a gap higher above the previous session’s high with a large bullish body and a close at the session high. Such a candlestick occurring within the context of a multi-month bottoming process often leads to much higher prices over the ensuing days/weeks.
"We are targeting $1.20 on FCU over the near term (1-3 months) and $3.00 is our long-term target (12-18 months)."
Link: https://www.investing.com/analysis/2-explosive-uranium-charts-to-keep-an-eye-on-231886