A buying opportunity in uranium stocks has emerged as volatility in the space increases, charts show

Breaking News: Markets أخبار

A buying opportunity in uranium stocks has emerged as volatility in the space increases, charts show
MarketsGlobal X Uranium ETFSprott Uranium Miners ETF

We think the recent volatility in uranium stocks presents an opportunity to take advantage of their cyclical uptrend.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

Uranium stocks outperformed the broader equity market in 2023, with the Global X Uranium ETF gaining nearly 38% for the year. However, the segment has been more volatile in 2024, noting a corrective phase in February resulted in an 18% drawdown for URA. The choppy price action of late in URA has resulted in an intermediate-term trading range, which now gives the chart the look of a bullish cup-and-handle pattern.

Click here for the full disclaimer.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

CNBC /  🏆 12. in SA
 

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Skin Care Maker Galderma’s Shares Fly on Stock Market DebutSkin Care Maker Galderma’s Shares Fly on Stock Market DebutSwiss skin care maker Galderma's shares fly during stock market debut.
اقرأ أكثر »

5 things to know before the stock market opens Friday5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
اقرأ أكثر »

Truth Social may merge with public shell company, potentially giving Trump stock worth billionsTruth Social may merge with public shell company, potentially giving Trump stock worth billionsDonald Trump's Truth Social may vote to merge with Digital World Acquisition Corp. on Friday, opening the door for the social media site company to trade on…
اقرأ أكثر »



Render Time: 2025-01-17 18:04:54