Jan. 20 at 8:27 PM
Nuclear power stocks appear to be emerging from a correction phase, with technical signals pointing to a potential new rally. After a sharp pullback, momentum in uranium and nuclear-related equities has turned constructive, creating selective opportunities for investors.
Cameco, one of the world’s largest uranium producers, remains in a strong uptrend and could reach
$142 later this year based on its technical setup. Constellation Energy, the largest U.S. nuclear power producer, has pulled back sharply but may be forming a base near
$300, with upside potential toward
$480 if support holds. BWX Technologies, a key supplier to the nuclear industry, continues to outperform peers and could advance toward
$273 by year-end. NuScale Power, despite high volatility and a steep decline from its highs, shows signs of selling exhaustion and could rebound toward
$32 in the near term.
$CCJ $CEG $BWXT $SMR