Another one from the speculative corner. The volatility in the uranium sector alone isn’t for the faint of heart. Constant surges of hundreds of percent, followed by 50% corrections within just a few months. Still, the monthly charts look more than promising if these stocks correct another 20% now and touch the 200-week line next time. Also note the monthly RSI levels, which are particularly noteworthy for $UUUU (-1,21 %) and $URA (-0,47 %) show just how much room there still is to run. Most stocks, such as $UEC (-1,11 %)
$UUUU (-1,21 %) as well as ETFs such as $URA (-0,47 %) , broke out of a 15-year bear market in 2020.
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Uranium
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4 Commentairessavvy_investor_3426@savvy_investor_3426
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•Dirty30@Dirty30
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Timson@Timson
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•Dirty30@Dirty30
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