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Is uranium the best buying opportunity in the market right now?

NowPress play to follow along0:00 / 2:17
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ticker lesson

Breakdown

0:00Uranium· ticker

Uranium — down 7% week, bull pennant forming

  • Uranium down 7% week
  • Bull pennant formed after sideways action
  • Market opaque, rely on closing prices
  • Bias up for uranium
1:52SPR· ticker

SPR — 16% discount, $100 uranium for $84

  • SPR down 2.6% week
  • Still at 81.7 million pounds
  • Trading at 16% discount
  • Buy $100 uranium for $84
1:53UNM· ticker

UNM — 2.6% down, positive divergence

  • UNM down 2.6% week
  • Bounce at parallel line
  • Positive divergence forming
  • RSI moving up as price drops
1:54URMM· ticker

URMM — question on $30 support

  • Viewer asks about $30 support
  • Price near previous base
  • Potential drop to $30

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