NuScale ($SMR) — Beaten-Down Nuclear: Bottom Could Be In

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NuScale ($SMR) — Beaten-Down Nuclear: Bottom Could Be InNuScale Power Corporation Class ABATS:SMRFibonaussieNuScale has been hammered — down hard off the highs and now basing in the $9–10 zone. I think there's a real chance the bottom is forming here, and the risk/reward is the kind of asymmetry I hunt for. Why the bottom could be in Volume — this is the big one. Heavy volume keeps coming in down here while price grinds sideways. That's the footprint of accumulation: size is being bought at the lows, not sold. Sideways price + rising volume is how bases get built. Price is holding a key support zone (~$9–10) where my fib structure clusters. Nuclear / small-modular-reactor is a strong long-term theme, and SMR is one of the most beaten-down names in it — exactly where I like to fish. This is a "bottom could be in" call, not "bottom is in." I want it to confirm — hold this zone and break up through structure — before getting aggressive. Levels Invalidation: a close below ~$8.40 says I'm wrong (≈ −18%). T1: $17.07 (+67%) T2: $22.27 (+116%) T3: $30.52 (+197%) Why I like it Risking ~18% to the line against 67–197% to the targets is lopsided in my favour. Start small with a tight stop and let the structure prove itself — if it confirms, the bigger targets open up; if it loses $8.40, I'm out cheap. The higher targets need the bottom to confirm first — I'm not calling $30 tomorrow. Patient, structure-based swing: get in cheap with defined risk, add as it confirms. Not financial advice — my own analysis. Do your own work and manage your risk.