Uranium prices have surged due to several key factors:
- Increased demand for nuclear energy – Many countries are expanding nuclear power to meet clean energy goals.
- Geopolitical tensions – Supply disruptions from Russia and Niger have tightened the market.
- Underinvestment in uranium mining – Years of low prices led to reduced production, creating a supply deficit.
- Government policies – The U.S. and other nations are prioritizing domestic uranium production for energy security.
- Rising uranium prices – Spot prices have climbed significantly, boosting mining stocks.
We are near some major resistance and expect some profit taking to occur.
Names Like
OKLO 
SMR 
URNM 
URA 
CEG should be on watch for a strong selloff.
- Increased demand for nuclear energy – Many countries are expanding nuclear power to meet clean energy goals.
- Geopolitical tensions – Supply disruptions from Russia and Niger have tightened the market.
- Underinvestment in uranium mining – Years of low prices led to reduced production, creating a supply deficit.
- Government policies – The U.S. and other nations are prioritizing domestic uranium production for energy security.
- Rising uranium prices – Spot prices have climbed significantly, boosting mining stocks.
We are near some major resistance and expect some profit taking to occur.
Names Like
OKLO SMR URNM URA CEG should be on watch for a strong selloff. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.