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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (29459)8/20/2025 11:03:13 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 30193
 
Deploying some initial cash today, but I strongly suspect in the next 1-3 weeks we still go lower w/CCJ breaking 70 again, that gap around 60 ish is calling not to mention shorts pilling on and nuke tech needing to let off more steam. Just because of passive flows we should get dragged lower overall.

Possible today could be a low on any SUR announcement from Trump admin, but I'll deploy in tranches (but low odds I think until they get preliminary report on Critical Minerals probably late Sept)

I think URNM is the best risk/reward w/good diversity. URNJ might outperform at some pt, but in the ST, IT I like the holdings far, far more in URNM. Own both. Around 60 or less will get aggressive w/CCJ.

Boring game plan, but I have little desire to worry over the vol/liquidity in this sector. More time for fun and family, exercise etc.

C wave target low for URNM would likely be 38-39 for this move, but I'm guessing it gets truncated. Would defer to Breeze for his EW take, mine is very rough.

Still very low implied vol as Bar. has noted.