Azincourt Energy looks resume uptrend as Uranium price on verge of 2022 highs!

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

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.