This may be the key resistance break Uranium investors and speculators have been waiting for. The entire Uranium sector has been one of the saddest beaten dogs I've seen in a while - wrecked for years after Fukushima...That fakeout in early 2017 was brutal for top buyers. All it seemed to take was CCJ shutting a mine down recently to light a fire under this dead dogs ass and we've seen a rocket ship rally since...I've been long URA for a while and am now interested to see if we finally have the conditions to sustain a longer-term uptrend.
The road to $30 is loaded with resistance, however, given enough time I think bulls will begin testing higher levels. I am a buyer of dips and will sell portions of my position on spikes as this is clearly a very volatile sector.
Kommentar
⋅
Uranium bulls today: omg this is so bull....please be real please be real.