AntMwah

Uranium

Long
NYMEX:UX1!   None
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2
You can't buy uranium contracts but there are tracker funds £GCL and $URA plus $U which is probably the closest. Beyond that big producers like Cameco , Denison, etc.

Uranium looks to have hit a multi year bottom (scale out to 10 view for context). It has risen this year breaking the 100MA and pausing with a small retrace at the 200. Looking for a break of that $24 zone and then a move to around$28 to complete what may be an inverse H&S which then gives us a set-up for $40.

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