4Sem.·

Uranium

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 (-2,55 %) and $URA (-0,16 %) show just how much room there still is to run. Most stocks, such as $UEC (+0,43 %)
$UUUU (-2,55 %) as well as ETFs such as $URA (-0,16 %) , broke out of a 15-year bear market in 2020.

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7 Commentaires

I bought into $UUUU before the weekend; I find the current price levels very interesting and see a lot of upside potential here :)
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@Timson Bright prospects :D
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I also hold shares in $UUUU and $UEC. They're currently down about 20% each, but I plan to buy more.
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@Dirty30 We're slowly getting closer to the main event. Will you be joining us at $UUUU?
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@Sebbster Yes, but not until it reaches the 200 EMA at the earliest. It's currently at $9.27.
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4Sem.
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@savvy_investor_3426 They're all pretty much the same. Cameco is, of course, included as well.
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