Fundamentals: Second biggest Uranium producer in the world. Based in Canada. While Russia (on Position 6 [Based on producing countries]) and Ukraine (Position 9) are fighting a war + sanctions against Russia.
TA: Could see something like the orange arrow happening. A far safer approach would be to wait for a break of Level 1. However as i´m willing to hold this position for quite some time + watching my risk management.
Requirments: - none
Invalidation: - none. Willing to hold it for a long time. - Would be considering partially closing my position if price went lower than the yearly open and generating lower swings.