Thank you Graddhy for the Comprehensive Analysis below.

U.TO is a good proxy for the sector.

One Chart

Still in a downtrend…

Note : if you look closely there are several other double bottoms that failed.

If U.TO can break thru the channel top and the 100 dma…that could be the sign the Bottomz Inn

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Weekly

I was wondering what that seemingly big blast off in late 16 early 17 was all about

Looks like it was a backtest to Huge resistance.

For a real U Bull there is a massive resistance area to work thru .

Could take many years / decades ?

As always when “playing” with Uranium…caution is advised.