The Uranium Bull is well and alive, page-1893

I am going with my gut feel/analysis and my risk reward. So my circumstances can be different, hence please dyor.
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Bottom line is no one knows for sure what's going to happen. And that may include not only short term, but even medium term or long term, based on last few year patterns.
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But I (and many others) play on odds. Yesterday I wrote that the odds are good that CCJ may be do a new 52 week high above 62.55, and first target I think, if it does that, would be high 60s. Yesterday's play in US and today's ASX U play has not invalidated that probability. So currently I am playing for that. But I have an open mind that CCJ 62.27 made last Tuesday could be the high of this cycle. Odds are lower though.
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Tonight we need US stocks to hang around the levels they have reached, even if they don't make gains. So within half to one percent, if it goes down, the game will still be on for me. If there is a big drop and CCJ does a lower low below 57.63, then I will have a think.
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Yesterday although CCJ had moderate gain of 2.5%, URNM ETF gained close to 6%. A number of US U stocks even had double digits gain yesterday. Most ASX U stocks had gains between 5 to 10% today. So first step is to hold the gains. And if we do that, higher play odds increase considerably. I wish you well.