We have introduction of some legislation that's bullish for uranium https://www(.)world-energy.org/article/13903.html
We also some pivot points that seems to resemble an inverse hns. at the recent local bottom we can see some nice wicking action onto the 2 week chart indicating some decent buying pressure.
Currently price is sandwiched between the 55 and 21 ema and the area between the 2 EMA is getting smaller and smaller indicating a bullish crossover is likely. A good time on the macro scale to start building a position for uranium from a fundamental and technical point of view. Breaking this neckline would be good confirmation.
We also some pivot points that seems to resemble an inverse hns. at the recent local bottom we can see some nice wicking action onto the 2 week chart indicating some decent buying pressure.
Currently price is sandwiched between the 55 and 21 ema and the area between the 2 EMA is getting smaller and smaller indicating a bullish crossover is likely. A good time on the macro scale to start building a position for uranium from a fundamental and technical point of view. Breaking this neckline would be good confirmation.
