|Day Low/High||19.98 / 21.06|
|52 Wk Low/High||9.01 / 26.57|
The biggest negative is that bonds are weak as inflationary fears are bubbling up again.
This uranium stock has continually bounced off its 50-day SMA since February.
Let's check the charts of this proton-dense uranium miner.
The market's underlying support is strong and there is still an appetite for speculative stock picking.
The second biggest uranium miner is Cameco Corp.
Now is the time to look at companies/stocks that could benefit from higher uranium prices in the months ahead.
From nuclear to geothermal, there is upside potential for those willing to take a contrarian stance.
There are several explanations for the weak action this morning.
The asset could be turning to the upside.
Strong markets tend to have good leadership and themes, but nothing is standing out at present on those fronts.
Which stocks have shown these patterns in the past week.
A weekly close above $13 would improve the technical backdrop of this uranium producer.
SkyWest may be underperforming the rest of the airline sector, but its cheap stock is poised to take off, says David Iben, portfolio manager for the Kopernik Global All-Cap Fund.
Amir Adnani, CEO of Uranium Energy Corp., says Chinese and Indian demand continues to bolster uranium prices.