Uranium Stock UEC Ready For A Major Breakout?

A couple of months ago we stated that the Uranium Mining Market Continues To Be Mildly Bullish, and suggested this specific sector suggested that smart investors were in accumulation mode. More specifically, we suggested to Watch Uranium Energy Corp (UEC) As Sector Leader Among Uranium Stocks.

If a market is preparing a breakout, which, visibly, was and still continues to occur in the uranium mining market, large investors build up some slices gradually over time. That’s what happens during a consolidation period. The vast majority of investors do not observe this, because of two reasons. First, financial mainstream media does not provide coverage on those markets that are consolidating, because they don’t have anything spectacular to say so they cannot sell eyeballs. Second, smart investors are smart for a reason, they know very well how to hide their actions and take positions long before prices go up.

We are providing coverage on the uranium mining market for a while now, and have tipped particularly UEC as our top favorite in this segment.

Morever, as this market is slowly but surely preparing a mega breakout, we said to believe UEC outperform its peers: Uranium Energy Corp (UEC) Stock Price Looks Explosive Going Into 2018

What makes it so hard for the vast majority of investors to make profits is not only to get in early (as that requires good research to identify bull markets in their early stages), but, more so, being patient. Case in point: last year, we observed that Uranium Stock UEC Was Preparing A Bullish Breakout, but eventually it became a false breakout. Most investors become frustrated, and sell with losses. What tends to happen in such cases is that they see the stock go up strongly after a while, and go long again, only to find themselves chase prices higher.

InvestingHaven recommends taking positions gradually over time in markets like uranium mining stocks, and be patient.

Uranium Stock UEC Preparing Itself for a Major Breakout

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