CCJ CAMECO CORP$CCJ -Daily - Breakout of parallel channel with 5 bottoms. Small pullback is healthy but Tuesday is possible gap up. #uranium Longby AskDrBurt113
Uranium Sector Ready to RunCCJ has bottomed on W4, on its first impulse to W5, one more decent pullback remaining if true.Longby ptero1492332
Added to $CCJ New Target 20.72 for 19.15%$CCJ Target 20.72 for 19.15% Or next add at 16.02 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading3
CamecoIn this video I will provide you with an broader picture of the Cameco chart and I am going to show you were I see good entry points to go longLong04:18by Cape-Peninsula-Capital7
🟢 Added to $CCJ Target 21.26 for 18.57% (Risk Level - Med)🟢 Added to $CCJ Target 21.26 for 18.57% (Risk Level - Med) Or double position at 15.94 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are places that are a good idea to add if you can. Numbers with a D are places where you should double your position. I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. by SPYder_QQQueen_Trading0
Uranium Sector UpdateSince I get a lot of questions about my UUUU positioning, I thought I would take a moment to see what the wider sector looks like. Keeping it simple looking at CCJ as the big papa. Looks like there is some time left for correction into August. Timing is not reliable here, but the levels are significant.by ptero1492444
CCJ: Timing the DipIf you've read my recent posts about CCJ you already know I'm long term bullish on Uranium but am waiting to buy the company at a more reasonable price. Based on my theory that we may be repeating the scenario of a long term breakout and correction as happened many years ago (see chart), then we want to look at potential zones of support to buy. Based on the Fibonacci retracement tool, the last scenario had a correction to the .618 zone, which corresponds to a price of ~15.50 per share. the 200 day moving average is a bit higher, so depending on market conditions I may average in if we start to see a test of the 200 day MA with the expectation that it could go lower.by preying_mantis115
CCJ$CCJ - the way I see it we have 2 possibilities here. 1. We move upwards from a current support line - bull flag formation. 2. We drop to around $16 - Stoch and RSI extreme oversold, creating Head Shoulder pattern - you know where it goes after that. #1 possibility is more realistic but not excluding #2. Good luckLongby AskDrBurt112
CCJ CAMECO CORP$CCJ - looks like a strong support on both RSI and Stoch. indicator. IMHO I doubt significant downside is possible here. Just like $DNN Ichimoku CLoud is intact regardless of this #uranium spoofing.Longby AskDrBurt3
CCJ CAMECO CORP$CCJ $24 target price by the end of August based on recent drops and advances. Note similarities in white circles.Longby AskDrBurt2
CCJ CAMECO CORP$CCJ - 04/21/21 and 06/21/21 - similarities. Ichimoku Cloud is intact. VPVR - points out for $19.33 and $21.38 #uraniumLongby AskDrBurt113
NEW POSITION $CCJ Target 22.56 for 17.32% $CCJ Target 22.56 for 17.32% Or double position at 15.90 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading0
CCJ: Mid-Term Dip Could Present Buying OpportunitiesWeakening daily RSI on Cameco Corp's stock CCJ is signaling the potential for a healthy dip over the next several months. Look at my previous post on CCJ--I think this stock has the potential to outperform the market long term due to a resurgence in uranium demand in multiple parts of the world. The highlighted red area is in a weekly overbought area that last signaled the beginning of a multi-year run. I might consider scaling in if this stock begins dipping to the 100/200 day EMA's. More posts to come as I continue to watch this stock.by preying_mantisUpdated 2
Buy on wrong bad news ;)Uranium Stocks fall down because of news, that china has leakages in a reactor: townhall.com But it is not that worse: nationalpost.com WASHINGTON — Washington is assessing a reported leak at China’s Taishan Nuclear Power Plant, but the Biden administration does not believe the facility is at a “crisis level” yet, CNN reported on Monday, citing unnamed U.S. officials and documents it reviewed. --- Now is a great opportunity to buy the stock, on bad news, friends!Longby smoki99Updated 1
Cameco Corporation - A Commodity SupercycleTaking a brief look at the current Elliott Wave structure of Cameco Corporation, we notice the following: A Zigzag structure is currently unfolding (5-3-5 substructure), this suggests that wave (c) = 61.8%, 100%, or 123.6% of wave (a). If this structure is indeed valid, this bullish trend may last for several years, talk about a commodity supercyle. Let us know about your thoughts in the comments below! Cheers!Longby SunnyHillCapital101010
Will Camecon move on?Uranium price is rising from a all time low and so companies in this business now have a brighter outlook in the future. Currently there is enough uranium produced to fulfill the demand till about 2025, after this a shortage may happen (if mines not invest or enlarge their capacities) With Camecon large enough they could possible increase their output and improve their income in the next years. This already is knowledge in the market and this and other uranium mines start rising from their all time low prices ... but there is a lot of fantasy upwards. So they may be a good invest and good trade right now.Longby smoki990
CCJ Uranium Play Trades to watch #3Something spoke to me and said look at Uranium so I am digging in to some uranium plays trying to find the best one. I like URA although it might move slower than some of these other ones. SO just weighing my options. by iCantw84it 05.24.2021Longby iCantw84it0
14 year Uranium bear market about to endI've been long since $10/share, now is the time to double downLongby JPark2020224
CCJ: Market May be Signaling Something Big (Long Term)CCJ is one of the largest Uranium miners in the world. Uranium had a terrible decade, especially with the Fukushima disaster in 2011. However, while nuclear energy has largely been unpopular in the west, China and India have been building and planning more reactors. Additionally, with major updates to reactor designs, the US and elsewhere have seen a resurgence of interest in nuclear power. The chart shows that CCJ's price has rebounded recently off of its long term floor. Monthly volume on CCJ has increased significantly and the monthly RSI has moved into the overbought zone similarly to when it moved that way in the early 2000s. The market seems to be anticipating a large bull run in the Uranium market in the coming years. While I think the stock may be a bit overheated on the short term (see the red bubble markers), I will be looking at possible entries this summer if it moves back to its 50 or 100 day EMAs.by preying_mantis7
CCJ CAMECO CORPPrice action moving back into parallel channel. MACD crossed, both Stoch and RSI in an uptrend. This week should be funLongby AskDrBurt1
CamecoThe price of Cameco is forming a descending triangle. Also the volume is decreasing during the consolidation which is a bullish sign. The trade will be entered when the price closes above the downtrend-line.Longby Cape-Peninsula-CapitalUpdated 221