Loading ...Uranium spot price … getting a bounce
Right where one would expect it if the multi-year backtest and up channel holds true. The RSI (at top), stochastics, TSI are positioned in good spots to have a run up through years end. If this is the case, then it may hit ~$35/lb by December. That’s a 43% rise from current levels … good companies would surpass that gain easily. Maybe S232 decision will be the catalyst? … we shall see.
Thanks Afasilver. I’m holding half a dozen Uranium miners, which I got very close to the lows (luckily). The fundamentals are very good, so it’s a long term hold for me.
I hold some as well … may be multiple years, but worth the hold IMO.