This looks like a good partial accumulation area to me, uranium price close to 40 and sentiment in sector very poor, uranium has been oversold on long term chart.
IMO there will likely be better buying in the next 12 months, particularly if there is a broad market sell off which I expect in that time,
and if that plays out, uranium equities may be hammered to the point of capitulation beyond the capitulation we have already seen, so keep some powder dry for potential bargains.
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