70% Upside Potential in this Nuclear Stock

14 mar

OKLO is my personal favorite nuclear play that feeds off the AI energy. Really beat up since it's height in early February, down over 50% as of today (as are a lot of other stocks given the macroeconomic backdrop). Chris Wright, a member of its Board of Directors, was confirmed as the U.S. Secretary of Energy on February 3, 2025. As a result, Wright has stepped down from Oklo’s Board to assume this critical role in advancing the nation’s energy policies.



I can see upside trade heading closer to Q4 earnings March 24.

Bullish Technicals:
- Rounding Bottom
- RSI breaking above RSI MA
- MACD: histogram trending up
- Moving out of the falling wedge
- Just sitting below daily PSAR



OKLO's Key Focus Areas:
- Microreactors – Oklo’s primary product is the Aurora microreactor, a compact and efficient reactor designed to produce power for remote areas, industrial sites, and off-grid locations.
- Fast Reactors – Their reactors use a fast neutron spectrum and liquid metal coolant (like sodium) rather than water, making them more efficient and capable of reusing nuclear waste as fuel.
- Fuel Recycling – Oklo aims to use recycled nuclear fuel (like spent fuel from conventional reactors), reducing nuclear waste and increasing fuel efficiency.
- Long Lifespan – The Aurora reactor is designed to operate for up to 20 years without refueling, minimizing maintenance and operational costs.

15 mar

Nota

Linear Trend