Global Uranium ETF
cmp $29.12
1) Shorterm Buy
SL $26.23 Target $31.43 - $32.29
Bullish Rising wedge patterm
2) Longterm invest like SIP for 5+ years
Bullish uptrend
3) World's most power consuming countries are
now shifting from Coal based to Nuclear
based power plants
Prepared by Vivek Kolte
Lakshy Assets Service
Uranium prices seems to have contracted and could soon provide a good and strong break out. The possibility of an upside break seems higher.
However, one must remember how this commodity has disappointed investors on several occasions in the past.