/biz/ - Business & Finance

>>51170967
we havent even started, uranium is still 49$ and people think itll go to 150$. plus, the stocks havent reached their last ATH from november 21

>>50924410
in the short term of the next month or two or three. we could go lower. uranium trades with oil/energy and it seems to be getting hit with crude falling/commodities trading lower(albeit slowly finding some footing). in addition, people think we're in a bear market rally, which means if this rally turns we're going lower for the next month or two(idk when or how long) but i expect close to or a retest of the lows, which will be a good buying opportunity.

medium(6-12 months) term i think uranium and energy will come back to being the strongest sector, and uranium especially could have some huge upside assuming the price of uranium starts to go up due to utilities entering into long term contracts and the basic thesis plays out.

long term 2-3+ years, i think uranium is one of the strongest play. im not jumping in and out, just slurping everytime we hit support. uranium is volatile but it definitely trades in a range and its easy to predict turns. i just cant predict when we'll go parabolic which is why im just accoomulating