Uraniumsfrom ChartWorks:: published by Institutional Advisors
The uranium sector continues to show signs of life. In the past few weeks most stocks put in higher lows than seen in the June to August period. This is in contrast to the oil and gas stocks that have recently made new lows for the year. As noted last week, this sector can be expected to do well in the fourth calendar quarter. For traders, risk should be controlled at the lows of the past month. On the upside, the following is a selected list of targeted resistance levels that could be attained in the next few months if the sector maintains its positive bias.
CHARTWORKS WEBSITE:: www.institutionaladvisors.com
The opinions in this report are solely those of the author. The information herein was obtained from various sources; however we do not guarantee its accuracy or completeness. This research report is prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security’s price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance.
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August 6th, 2020
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