Global X Uranium ETF
Investment Thesis
URA has collapsed 37% from its 52-week high and -18% in just 4 weeks, driving RSI to 28.5 and Stochastics to an extreme 5/13 — a rare multi-indicator oversold confluence. With the 52-week low at $36.45 acting as clear structural support and a bullish RSI/MACD divergence already forming, a mean-reversion bounce toward the 50-day MA (~$47) offers a ~2.9:1 risk/reward setup.
Why It May Work
Why It May Not Work
Timeline
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