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LBroad @BroadLuis on x 2374 followers
Created: 2025-07-18 08:00:02 UTC
#Uranium developers.
I am trying to draw valid conclusions on uranium as there is conflicting data. There are companies that have turned back to the upside and could start to break key levels that would put them in a medium- to long-term uptrend. However, the data for the sector as a whole does not support a resumption of the bull market. My recommendation is to remain calm and wait a little longer to see what happens. However, those who want to enter the sector should do so with caution and a good understanding of the applicable stop level.
There is one stock that seems to have broken out to the upside, but I assume it will do the corresponding backtest before moving higher. This stock is $UUUU. It has resistance at XXXXX and the next resistance at XXXXX. Maybe it will go a little higher before pulling back.
Denison $DNN, despite yesterday's rally, would still not be ready and still maintains the same corrective structure, and the same goes for $UEC.
XXXXX engagements