$EU ( Encore Energy ) Mexican Pete ( BULLISH )Ascending triangle pattern formed on the NASDAQ:EU chart. Strong volume profile, 1yr 3yr 7yr moving averages forming nicely with the 1yr acting as resistance for now
EU trade ideas
Encore Energy $EU - Getting close to blue sky breakoutIf/when the bill to ban Russian uranium is passed (HR1042), there will be a premium for American uranium producers. Encore is the stud among a limited group of peers.
Any weakness is a very good buy in my opinion.
Encore is my overall favorite single name for the uranium bull market from a risk/reward perspective. Near term producer that will be a cash flowing machine once operations are fully ramped up.
Time horizon is 1 year minimum. Price target is $20+.
I am very passionate about the current uranium bull market, feel free to ask me any questions.
Cheers!
enCore is starting to look attractive enCore Energy is also beginning to line up nicely for the next 6 to 12 months.
Same as with Uranium Royalty Corp, enCore Energy is in a good position to benefit from the increasing need for Nuclear energy.
I’m almost ALL-IN enCore Energy Corp !Around €10.000.000 marketcap, 138 million total outstanding shares, an all-star team (probably the best for a smaller company) and 200-400 million lbs of uranium below their feet, while sold the biggest US based uranium resource in history for about €1.250.000.000 (more than 120x enCore’s current value). I’m truely obsessed by this company and having a big stake, farout my biggest holding. Will see a 20-100x or more within 3-5 years, very very little risk
