Another week where AEE stuck around 25/26 zone. Slightly unusual for AEE to be so defensive and at lower end of play, but overall U stocks also in consolidation and no break out till now, after the one we saw in September. U sector sometimes goes in bursts, so lets hope another one is coming soon. . Personally, I exited my stocks at average 26 from my buys at 24.5 which I have been writing. There was nothing alarming at this stage about AEE, but certainly something slightly unusual, as I have been following it for a number of years. Sometimes it has sudden rises, as liquidity is less than some other U stocks, so it can come back anytime without much volume. So I thought I will sit on sideline and when it looks like coming back may join again. I usually write when I buy, when I sell, with price, hence maintaining that behaviour of mine. Hopefully I get back soon. All the best to holders.
For those interested how stock is tracking against other Uranium stocks or who hold multiple Uranium stocks, I do a Weekly Report across 28 ASX U stocks for more than 2 years. It has got Weekly/Yearly data how stocks are tracking. Also figures for last 2 years. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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