Yes, with rising tensions between Israel and Iran and surging oil and uranium prices, ASX day traders are targeting energy and resource stocks for short-term gains. Companies in oil production, LNG exports, and uranium exploration are attracting attention. The volatility driven by these factors presents exciting opportunities for traders to capitalize on price fluctuations and increased market liquidity.
Which ASX stocks are day traders targeting right now given the Israel–Iran tensions and surging oil/uranium prices?
- Submitted by 4 days ago
2
Answers
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Jack Milleer
Answered 4 days ago
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Miller Smith
Answered 4 days ago
Day traders on the ASX are currently focusing on companies tied to energy and uranium sectors amid rising oil and uranium prices linked to Israel–Iran tensions. Oil-related companies such as Woodside and Santos have seen heightened attention following reports of climbing crude benchmarks. Meanwhile, uranium producers across the board—including Bannerman, Deep Yellow, Paladin Energy, and Boss Energy—have recorded notable intraday increases after the Sprott Physical Uranium Trust expanded its holdings in yellowcake. These activity spikes reflect market reactions to geopolitical developments and supply‑side speculation. Volume and price movement data for these companies show sharper fluctuations than broader market averages, offering day traders multiple intraday signals. This focus remains purely descriptive, reflecting current trading behavior and public market data rather than guiding any specific actions.
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