Cameco Corp. Mining Uranium stock likely recovers in breakout of FIB retracements 0.5 (recent down) and 0.382 (recent up) and near 9.81 or drop below 9.50 to 8.95-9.25 resistance.
Point of interest:
* Uranium prices beaten down since 2011 Fukashima Reactor melt-down and back-up generator cooling failures from psunami hitting Japan.
* Japan shuts down all of the 32 Nuclear Reactors to assure public safety and clean-up causing global Uranium (Ur) prices to tumble to where it now is.
* Nuclear energy is still a paid for and quite reliable energy source with proper safety measures, which Japan now has and plans to restart.
* No. Amer. power also relies on nuclear power, which Pres. Trump will not import from other countries supporting demand.
* This is one of several plays, which is safe haven mid to large-cap mining stock and away from volatility (VIX) moneyballers like, as VIX up near 5% each of last 2 days.
Viewers come to own conclusions. Like, share, comment.
Point of interest:
* Uranium prices beaten down since 2011 Fukashima Reactor melt-down and back-up generator cooling failures from psunami hitting Japan.
* Japan shuts down all of the 32 Nuclear Reactors to assure public safety and clean-up causing global Uranium (Ur) prices to tumble to where it now is.
* Nuclear energy is still a paid for and quite reliable energy source with proper safety measures, which Japan now has and plans to restart.
* No. Amer. power also relies on nuclear power, which Pres. Trump will not import from other countries supporting demand.
* This is one of several plays, which is safe haven mid to large-cap mining stock and away from volatility (VIX) moneyballers like, as VIX up near 5% each of last 2 days.
Viewers come to own conclusions. Like, share, comment.