We track Uranium holder Uranium Participation each week in the NFTRH Commodities segment. I recently bought it at this higher low, which it came to after barely scraping a higher high and dropping to fill a gap. You could say that the up-sloped SMA 200 is key support, but I’d like to see the higher low hold for a sign of strength.
Side note: at last check in early August U’s discount to net asset value was better than 11%. Worth a shot, thought I.