NYSEAM:UEC - Post by User
Post by
mangoeon Oct 20, 2024 4:26am
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Post# 36273512
Seasonality charts give you the 20-year averaged movements ❗
Seasonality charts give you the 20-year averaged movements ❗ Seasonality charts give you the 20-year averaged movements in stock price over a typical one-year period. For #Uranium that's up from October to January as #Nuclear utilities put their new fiscal budgets to work. Then more volatile from January to June followed by a big drop in summer when fuel buyers go on vacation. Interest picks up again in September after the Annual WNA London Symposium which usually kicks into a higher gear in Q4 again on the newly-granted procurement budgets. For markets in general the bias is in the upward direction over successive decades. Cheers!