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About Uranium Stocks
Uranium Stocks was created to give investors a diversified look at uranium shares, spot prices, options markets, ore and production, canadian reverses and any other relevant issues that may affect shares prices across the globe.
USEC Inc. (USU) Week of May 6th
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USEC Inc. (USU) Week of May 6th
Recently USU has made a slight comeback along with a few of the other uranium stocks currently trading. Here is a six month chart including the 50 day moving average (as of the close on May 6, 2008).
6 Month USU Chart
After tough going USU has recently pushed above its 50 day moving average.
3 Month USU Chart
After hitting lows below $4 per share, USU has recently settled under a new support level of around $5.
While its too early to say any uranium stocks are completely out of the water, USU could be poised to push its way back up. Remembering that stock prices have no memory (forgetting the 52 week high of $25+) USU will be interesting to watch over the course of the next few weeks.