With the uranium stocks looking like they may have built bases,
and with a few starting to break downtrend lines, it should tell us
something tomorrow and in the coming days when we see how they
react to this news out of Germany. If they shrug it off and don't
react to it that would be pretty bullish.
Yes, it should be interesting. Uranium plays like Cameco
took some losses on the TSX today, though could have been some
profit taking from the nice run up of the past couple of weeks.
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Germany to shut down nuclear plants by 2022
Posted by puma on 30th of May 2011 at 01:05 pm
With the uranium stocks looking like they may have built bases, and with a few starting to break downtrend lines, it should tell us something tomorrow and in the coming days when we see how they react to this news out of Germany. If they shrug it off and don't react to it that would be pretty bullish.
Germany to shut down nuc plants
Yes, it should be interesting.
Posted by pebs on 30th of May 2011 at 05:38 pm
Yes, it should be interesting. Uranium plays like Cameco took some losses on the TSX today, though could have been some profit taking from the nice run up of the past couple of weeks.