Bullish Technical Breakout in U308 for Uranium Trade

about 2 months ago

Kevin Muir

"U308, the Sprott Physical Uranium product, has finally started to move, staying above its 50-day moving average and 50% retracement, which looks like the beginning of the uranium trade."

The speaker highlights a technical setup in U308, noting that it has maintained key supports and is poised for a breakout. This suggests the start of a uranium trade cycle, offering an actionable signal for investors interested in capitalizing on the early stages of a bullish move in uranium-related assets.