Uranium futures

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Uranium futuresUxC Uranium U3O8 FuturesCOMEX_DL:UX1!TJ-001Uranium futures spent the past month in tight consolidation, holding near the lower boundary of the ascending channel. A local bottom may form at this level, setting the stage for a renewed move higher. Our long-term thesis on uranium remains unchanged: the broader trend is bullish, with an upside target of $106 Long-term trend: Up Resistance level: 106, 148 Support level: 83