First Uranium Corporation (First Uranium) is engaged in the production of gold and uranium and I have been keeping an eye on them for some while. Now a nice setup seems to materialize.

Chart

  • When I look at the chart of First Uranium Corporation (Public, TSE:FIU) it looks like we have had Wave 1 till 4 and the next wave up 5 will bring us much higher. I have drawn a hypothetical line on the chart (wave 5).
  • Also today’s rise of 6.35% was on decent volume of 2.7M so that looks promising.
  • This stock is also nicely keeping above the MA30.
  • Since November 2010 this stock started its march up the money making mountain! So maybe you want to march with it?
  • More than a year ago this stock was trading around $8 so it has a long way to go, but will it get there?
First Uranium Corporation (Public, TSE:FIU)

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