Uranium (URAXPD) Summary for End Week 4 - 2019

So after a volatile 2018, is this Uranium's year to shine?

Well we've had 4/5 very good weeks but imo we still have some way to go yet before we can consider this a bullish period.

On a technical basis the chikou span, tenkan sen and kijun sen and kumo are all yet to confirm a bull run is underway.

Fundamentally not much seems to have changed other than the UK government doing its best to screw-up its energy strategy once again with the problems at Hinkley and Hitachi pulling the plug. It's not a great look for nuclear as a whole, but on the brighter side it may open up the better option of the RR sourced smaller more compact reactors that are better suited to the world in 2019.



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