SMR – Got Stopped Out Last Month. Setup Re-Triggered. Chart Is BNuScale Power Corporation Class ABATS:SMRkunal00'll be straight with you — I was in this trade last month and got stopped out. That's the job. You take the stop, reassess, and if the setup comes back better you get back in. The setup came back better. The chart is tighter. The sector is hotter. And the catalyst stack just got bigger. I'm back in with a stop at $12.75. ───────────────────────────────── THE NUCLEAR SECTOR IS MOVING ───────────────────────────────── OKLO is running. FNC moving. FCEL heating up. The whole alternative energy and nuclear complex is getting picked up right now and SMR fits directly in that wave. The thesis hasn't changed — AI data centers need clean reliable baseload power and small modular reactors are the answer. You can't power a 500-megawatt data center campus with solar panels that don't work at night. Utilities know this. The hyperscalers know this. That's why every major nuclear name is getting attention right now. ───────────────────────────────── WHAT'S NEW SINCE THE LAST SETUP ───────────────────────────────── Two hard catalyst dates just appeared on the calendar. The Romania RoPower project has shareholder approval to advance and a mid-2026 go/no-go decision coming — this would be NuScale's first full commercial plant. Any green light re-rates this stock immediately. CEO John Hopkins stated he expects a Power Purchase Agreement with the Tennessee Valley Authority to be resolved by end of 2026. A signed PPA is a legally binding multi-decade commitment from TVA to buy power from NuScale's SMR system at a pre-negotiated price. That's not an MOU. That's real contracted revenue locking in. The Motley Fool Market observers are also flagging an anticipated July 4 development alongside reports of potential South Korean backing for NuScale's SMR program. Another hard date on the calendar. On the institutional side the smart money has been quietly moving in. VanEck added 8.5 million shares — a 74% increase in their position. Marex Group added 7.2 million shares, increasing their position by 378%. Both in Q1 2026. Institutions don't build positions like that without a thesis. NuScale remains the only U.S. company with an NRC-certified SMR design — every competitor is still years behind in the licensing queue. That moat doesn't go away. ───────────────────────────────── WHY THE CHART IS BETTER NOW ───────────────────────────────── SMR pulled back to $10.06 in mid-May and has been grinding back up steadily, closing above $13 by June 1. That base is tighter and cleaner than the last setup. The prior stop-out shook out weak hands and reset the pattern. That's exactly what you want to see on a re-trigger. barchart The stock reacts hard to headlines. It jumped 15-16% in a single session in mid-April on catalyst news. With Romania, the TVA PPA, and a potential South Korea announcement all in the pipeline between now and end of year, the asymmetry on this trade is real. ───────────────────────────────── TRADE PLAN ───────────────────────────────── Entry: Re-triggered on the base breakout Stop: $12.75 — below the base Near-term catalysts: Romania go/no-go mid-2026, South Korea development July 4 Long-term catalyst: TVA Power Purchase Agreement end of 2026 Sector: Nuclear running — OKLO, FNC, FCEL all hot ───────────────────────────────── THE RISK ───────────────────────────────── This is pre-commercial. NuScale is burning over $300 million in operating cash per quarter and real revenue is years away. The catalysts above are binary — they can go either way. Got stopped out once already. Respect the stop at $12.75 and size it accordingly. finviz