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<p>URANIUM MINERS - IS THE BOTTOM CLOSE?

Uranium miners, after a 200% upside move (reaching 4 standard deviations above their long-term trend), have been correcting for a few months.

Now trading 3σ below trend, the situation seems to have flipped from overbought to oversold.

Indeed, while a return to its former top would generate a ~110% upside, reaching its former bottom would imply a limited downside of 14%.

So, while none can precisely time a move (nor guess where the bottom will happen), one could say that uranium miner's risk-reward has become rather attractive at this point.

$URNM $URA $UUUU</p>

URANIUM MINERS - IS THE BOTTOM CLOSE?
Uranium miners, after a 200% upside move (reaching 4 standard deviations above their long-term trend), have been correcting for a few months.
Now trading 3σ below trend, the situation seems to have flipped from overbought to oversold.
Indeed, while a return to its former top would generate a ~110% upside, reaching its former bottom would imply a limited downside of 14%.
So, while none can precisely time a move (nor guess where the bottom will happen), one co

URANIUM MINERS - IS THE BOTTOM CLOSE? Uranium miners, after a 200% upside move (reaching 4 standard deviations above their long-term trend), have been correcting for a few months. Now trading 3σ below trend, the situation seems to have flipped from overbought to oversold. Indeed, while a return to its former top would generate a ~110% upside, reaching its former bottom would imply a limited downside of 14%. So, while none can precisely time a move (nor guess where the bottom will happen), one could say that uranium miner's risk-reward has become rather attractive at this point. $URNM $URA $UUUU

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