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Uranium dipped 0.9% this week as seasonal weakness may continue through the summer.
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ticker lesson
Breakdown
0:00lesson
Uranium seasonality and summer sell-off
- Summer → uranium sell-off
- Fuel buyers on vacation
- 2023 exception to pattern
- Historical discount of 19%
- Better entry points possible
1:43Sprott Physical Uranium Trust· ticker
Sprott Physical Uranium Trust — technical breakdown
- Head and shoulders pattern broken
- Below white neckline
- 10% discount currently
- 19% discount historical low
- Dark green support at $17
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