Uranium futures

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Uranium futuresUxC Uranium U3O8 FuturesCOMEX_DL:UX1!TJ-001Uranium futures have corrected lower over the past month, stabilizing near the $85 level. A local bottom may be forming at this threshold, potentially serving as a springboard for a move higher. Our long-term thesis remains unchanged: the trend is bullish, with a near-term price target of $106. Long-term trend: Up Resistance level: 106, 148 Support level: 75; 85