Looking at Cameco Corp, my guess is that we are going to see a pullback to cool off and later resume the uptrend.
Uranium is bullish but it needs more accumulation to break out.
Both URA and Cameco probably hit my uptrend lines.
Cameco around 33-34$ and URA around 23-24$
My bet is that energy stocks which are invested in hydrogen and uranium will do it very well in the coming recession that so far as been delayed.
Uranium is bullish but it needs more accumulation to break out.
Both URA and Cameco probably hit my uptrend lines.
Cameco around 33-34$ and URA around 23-24$
My bet is that energy stocks which are invested in hydrogen and uranium will do it very well in the coming recession that so far as been delayed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.