CCO trade ideas
CCJ Halted 02/18 AM?It appears that CCJ is not trading this morning. I googled it and found a paywall article posted 2 hours ago that says "CCJ Halted, News Pending" - does anyone have any ideas what's going on?
Uranium Cycle in its Early InningsUranium is in the early stages of building a bullish regime of volatility over a Tail duration. It currently already has that over a trend duration.
You need to be taking full advantage of dips in this environment. Buy the damn dip.
$CCJ AccumulationCameco under accumulation from 2016. U spot increasing should do very weel over next 5 year IMO
CCJ - Decade-long, absolute unit, falling wedge breakout!Just some classical TA - Falling wedge PT is the size of the left side of the wedge from the breakout point. This wedge has been forming for over a decade and its just gigantic. Massive, massive gains if it works out here. I'm loaded with shares and options, one of my higher-conviction plays in a month or so.
CCJ long to the top of the channelCCJ (Cameco) looks very attractive at this price point. With a green close today, CCJ could keep climbing until the psychological $15 level. Cameco may perform very well in 2021.
Cameco Ideal correction priceWill see if this holds but it does check some boxes for me except the most important -> bullish confirmation.
not financial advice
Nearing "back the truck up" for CCJStock is close to finishing a retracement of its recent run-up.
Fib retracement of 0.5 is $11.91 and trend support around $11.91 and 50dma at $12.06.
With good support likely at those levels and a fib extension >$15.63 creates a good asymmetric entry in the low $12 range.
CCJ: Bullish pennant, confirmedBullish Pennant, confirmed
Pros:
Descending volume during formation
Volume at break out
Golden cross un blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
200MA ascending
250RSI above 50
Price Target:
PT = 17.84$
CCO.CA: Bullish Pennant, confirmedBullish Pennant, confirmed
Pros:
Descending volume during formation
Volume increase at break out
PPS above 50MA and 200MA
RS above 0, but descending
Golden cross in blue
ATR Ascending
R/R ratio above 6
200MA ascending
250RSI above 50
Target:
PT = 22.55$
Cameco break over top and playing with resistance OK setup right now for a move to 16. If we do get 15+, the next correction will be the best setup to buy if it presents and then we will start wave 3 of 3 of 3 not financial advice
Cameco CCJ sideways stillMore bullish if it takes out $14. Could see either way but not enough to commit a swing trade
not financial advice
CCJ Cameco: Channeling?Above it, followed by retest and resumption, will result in a parabolic move.
Still has that gap to fill, will result in some soiled underwear if it were to happen rapidly. Flagging out until April.... boring but... w/e
I haven't been charting for very long, but let me know if my comments below are stupid.
CCJ Daily Chart Divergences usually lead to a LT trend. (I'm very intrigued by this... when I find a stock that behaves like this)
2000: May-August. See the divergences and all three trending upward, especailly in July
2002: Summer to Fall. MACD like a slingshot, RSI ascending lows contradicting the two valleys in the candles
2010-2011: RSI and MACD pulling on the candles between November 10' and Feb 11' but specifically RSI and STOCH early FEb to Mid Feb. Then fundamentals kicked in: earthquake.
2020: Mid Oct to Early Nov (this is the divergence that I think sent CCJ up the channel for a long time)
Still learning.
$CCJ - will break up or down?Bilateral triangle, watching to see if this breaks up or down
Have already made a lot on this stock playing options.
CCJ Cameco updateLeaning towards more correction based on how the move off bottom looks. Looking in the $12.3 to 11 for this correction. More bullish over $14.4
$CCJ - Near term targets (as long as price remains above 11.5$)Current resistance via Fibo 12.5$
Not for any recommendation, Just an Idea,
