We here at Equity Guru have been very bullish on uranium! It was months ago when we called the major monthly chart breakout above $40, and called for the resumption of the uptrend. One higher low swing after, and it appears as if uranium is ready for another push higher.
With sanctions on Russia and talks of energy issues in Europe, it wouldn’t come as a surprise if some European nations are ready to turn on their nuclear reactors, or invest in nuclear energy. Hey, it is clean energy. Perhaps the best CO2 free energy source as Bill Gates has said many times. I provided a Uranium chart update back on March 2nd 2022 . Just over a month ago. Readers may recall that I spoke about the major breakout above $50, printing new record highs for 2022. Pulling this daily chart from tradingeconomics , and we can see that […]
Click here to view original web page at equity.guru
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content
Come and join our community. Expand your network and get to know new people!