Looks that way - Seems like we're just about to try for $0.215I...

Looks that way - Seems like we're just about to try for $0.215

I guess this is why they have that saying about picking bottoms and smelly fingers.... very hard to pick where this is going to bottom.

I thought the floor was going to be 29c with a 25c fallback and I was wrong. After 24c, I dont know where the bottom is as there is NO meaningful historic support below these levels from a charting perspective.

At the moment it just seems to be a cascade of stoplosses. There were a lot of people who bought in in the 29-33c region, which means there are a lot of stops left to trigger, but not a lot of depth to catch them.

I still believe nuclear has a significant future role to play, but at the moment I dont think rational thought, fundamentals or anything resembling sanity is involved in uranium sector pricing.

**If** we ever see sub-10c it will be very hard for me to resist putting my fingers in again despite how many times I've been burnt.