CAMECO CORP COM NPVCAMECO CORP COM NPVCAMECO CORP COM NPV

CAMECO CORP COM NPV

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CCJ watching for a potential top formation developing around the 80–90 macro resistance zone in the coming weeks.

Structure still evolving, but this area could prove key for mid- to long-term direction.

Chart:
tradingview.com/x/2VkiK4UN/
Snapshot







CCJ bottomed after a correction in the mid term...
Snapshot


CCJ From macro-structure view, price is at important resistance zone: 39.40-48.

Until price closes bellow 48, possibility of multi-year correction to 20-12 support zone cannot be ruled out.

If price moves confidently above 48 on volume support, then suggested price structure needs to be revised. Next resistance zone in that case will be: 76-80 area.
Snapshot