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Why am I buying uranium mining stocks while their prices are falling?

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ticker lesson

Breakdown

0:00URMM· ticker

Uranium — reversal at double bottom, term contracts exceed spot

  • Reversal at double bottom
  • Term contracts exceed spot
  • Physical uranium trust at discount
  • Overlay bullish for uranium
1:49spot uranium· ticker

Spot uranium — bullish hammer pattern, price action top 25%

  • Bullish hammer pattern
  • Long wick on bottom
  • Open and close in top 25%
  • Likely to move up
1:50Uranium miners· ticker

Uranium miners — overlay with spot uranium, line chart preferred

  • Overlay spot uranium with miners ETF
  • Line chart preferred over bar chart
  • Yellow line = spot uranium
  • Bar chart = miners ETF
1:51Uranium miners· ticker

Uranium miners — divergence between spot and equity prices

  • Spot uranium up since March
  • Equities down since May
  • Divergence between cost and valuation
  • Catch-up play expected

Informational only — this is In it to Win it’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.