There is some good news. No confirmation yet. But odds that we...

There is some good news. No confirmation yet. But odds that we may have bottomed or are bottoming at these levels has considerably increased after Friday. Mr Powell was dovish. So general markets may go for a run. CCJ not only has held the critical level I have been talking about, 39/40, but now is making a dash to the safe level I have been talking about - get above 45 and stay there. Not there yet, but good signs it could happen in next few weeks, who knows, even next week.
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So an important week coming up for CXU. If punters feel that U sector may have bottomed, there could be a small euphoria. A decent rise in many stocks. I know we are in for a due. It has been tough couple of months, but things could turn, and sometimes dramatically. Lets hope it plays that way. CXU is well placed to make a lot of gains, if things play out as I am thinking. Still early days, but good signs,

For those interested how stock is tracking against other Uranium stocks or who hold multiple Uranium stocks, I do a Weekly Report across 33 ASX U stocks. It has got Weekly/Yearly data how stocks are tracking. Please look at my other posts for that