Cameco (CCJ) Still Trending Up
Updated
I'm long on CCJ since the break of 32.53 and will continue to ride the trend for now. I'm on double size relative to my usual positions and remain that way unless the 89 day SMA hold the trend and reduce it to normal size if it broken. The main trend I follow is the orange one.
I expect nuclear energy to grow significantly over the next ten years. Because of that I'm bullish on CCJ over the long term.
I expect nuclear energy to grow significantly over the next ten years. Because of that I'm bullish on CCJ over the long term.
Note
Trend is broken, looking for the lower trend for re-entry.
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