Uranium…in the dumper
If you have no exposure to Uranium, and would like some, we are near 52 week lows on many of the hot uranium names that were so in chic in Feb 26. Here’s a list I keep, you can see the 52 week range in the attachment. I think most buyers at this level will be happy in 2-3 years, it’s really the only answer to the increased demand of power from Ai applications on Earth. Now, if Musk gets all the space solar panels going as well as the Ai farms in outer space, could dampen the spirit of uranium stocks, but I own SPCX as well.


URNM currently about 47.
Large extended corrections like this TEND to visit the lower monthly 2sd band.
That’s around 30 ish right now.
Mid to late winter?
Feel free to remind me if that turns out to be wrong.
I see a nice support around 46 with the 200 sma already at 44 (coming up to meet current price). MACD and RSI oversold at this point…I’m thinking up from here. Time will let us know as it always does.
Massivs H+S in URNM – PO is down at the April 2025 low of 26.3
If it breaks 200 day, yes got a shot at it. Otherwise macro story wins.