Short term View of Fission Uranium
Updated
Most uranium companies are following the same kind of trends after testing highs earlier this year. Looking to the $0.46 mark to start off the path back to highs. Uranium sector FA is extremely bullish and Fission sits on a world class deposit. This company has underperformed for quite a while due to negative news surrounding the old CEO as well as dilution. Moving into the maturation of the uranium bull market I expect Fission to be one of the big winners, either through performance or through a buyout.
Note
Broke down under trend. Think we see 0.35 if we break below 0.39 support.Note
Bounced right off 0.34-0.35. Would love to see us test 0.41. Sprott physical uranium trust is pushing spot price upwards.
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