Downloading...
Download

Sprottphysicaluraniumtrust

SPROTT PHYSICAL URANIUM TRUSTPOSITION TRADE U.UN (TSE), SRUUF (OTC) Catalysts: The uranium market is in structural supply/demand deficit despite nuclear energy being an essential and growing form of clean energy. Financial players and a utility contracting cycle mark near-term catalysts. I expect both physical uranium and uranium producer baskets to aggressively outperform over the coming 1-3+ years. Financial players significantly escalated their role in the uranium market, in particular, the Sprott Physical Uranium Trust (OTCPK:SRUUF). This trust exists to provide investors exposure to physical uranium, but in so doing, they take and sequester physical pounds from the market. Note that Yellow Cake plc (OTCPK:YLLXF) is a similar trust for UK based investors, although it is much less active in purchasing uranium. SOURCE : Uranium: Potential Trade Of The Decade, SEEKING ALPHA, Live Hard Investing, Feb. 10, 2022 seekingalpha.com
TSX:U.UNLong
by TradingMavericks
2
SPROTT Physical Uranium Trust. A Simple Short-Term Trade.TSX:U.U is showing an ascending triangle on the hourly that spans the past eight trading days. This is a simple trade with the stop loss below the swing low and the target at the height of the triangle. Gives us a 6.83% potential profit to 3.1% potential loss, a reward-risk ratio of 2.22. Of course that depends on whether the triangle breaks upwards in the first place. If it does, we have a confirmation and the trade is on. I anticipate it going up because the Dollar is weakening and commodities are going up. Good luck with the trade.
TSX:U.ULong
by TechNerdOmar