MarketIntel

Uranium: One last climb 🧗‍♂️

Short
TSX_DLY:U.UN   SPROTT PHYSICAL URANIUM TR
Uranium has now reached our orange Target Zone between C$26.86 and C$28.77. According to our primary expectation, this is the area in which we locate the high of the green wave (B), which is why the price should now make a small final rise before reversing. Subsequently, a pronounced sell-off is then on the cards with the green wave , which should reach the support at C$12.17.
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