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CCO trade ideas

Bullish Charts - Uranium PlayCameco Corporation (CCJ) is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production. Uranium is at a 5 year record high for April 2020 & May 2020. Daily & Weekly charts look good. Daily Chart PMO is turning up, Bullish MACD is turning up, Bullish RSi has turned up, Bullish Stochastic has turned up, Bullish Weekly chart looks good too. The price just closed above the KUMO, Bullish Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NYSE:CCJLong
by HotCharts
$CCJ can rise in the next daysContextual immersion trading strategy idea. Cameco Corporation produces and sells uranium. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position from $10,88; stop-loss — $10,36. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NYSE:CCJLong
by KozakHlib
Uranium FeverNot financial or trading advice! Entry: 8.30 Stop: 6.85 Target: 12.90 Risk/Reward: 3/1 I am super bullish Uranium long term! Due to recent supply cuts, the increases in UF6 prices, and what seem to be dwindling inventories and the need to begin to engage in long term contracts. I think Uranium is going much higher long term. My trade idea is to go long CCJ at the bottom of its basing range and either take profits at the top before re-engaging after a breakout, or simply to hold long term. My preferred method to trade this is to buy long dated options and roll up protection or take profits should the sector move higher. Uranium miners have a history of 5x 10x 20x returns.
NYSE:CCJLong
by UnknownUnicorn789365
Cameco - a rare opportunity to invest in carbon-free nuclear.Cameco's share price is down nearly 50% from it's 52-week high, despite what is normally a low beta stock. The Company has a strong balance sheet and over $1 billion in cash.  The only issue is earnings.  The P/E ratio is very high, but the $74 million in earnings (before adjustments) for 2019 was a paltry 18 cents per share in an oversupplied market for uranium.  Cameco management is aware of this, and to quote their own strategy: We will not produce from our tier-one assets to sell into an oversupplied spot market. During a prolonged period of uncertainty, this could mean leaving our uranium in the ground. As conditions improve, we expect to meet rising demand with production from our best margin operations.
NYSE:CCJLong
by malvinspooner
1
CCJI drew up this giant triangle on CCJ back in February and it was reminding me of #bitcoin TBH, I thought that the bottom trend line would in fact hold and we would see a bounce to the entire Uranium market. As well as the crypto markets. PM's are selling off and everything is breaking down below critical support. Shorts are being blocked from exchanges & not really sure where the bottom is but if CCJ goes sub $3 then I will probably sell my ass on the corner to get as much of this Uranium Giant I can buy. Be safe fam.
NYSE:CCJ
by Big_Mike716
Long-term uranium mining betI've been watching Cameco and the uranium mining market in general for years. It's about time to start building my position. In the past, I was interested in URA ETF , but I am not happy about what assets they put into the basket. Ideally, I would invest in the ETF tracking the uranium price. Since it's impossible, the next closest thing is uranium mining. I am not interested in all uranium-related businesses since they also depend on a variety of other factors. This is why Cameco alone offers, in my opinion, better exposure to the uranium price than URA ETF , not to mention the lack of managing fees. The intention here is to build a long-term position and collect some dividends in the meantime. If the price keeps falling, I am happy to continue accumulation (possibly including smaller mining stocks as well). The negative sentiment on the uranium market will end eventually, and I am happy to grow my position along the way. Uranium represents many ideas I have on the current market. My favorite is the growing demand for green energy. Nuclear power is one of the few sound alternatives to fossil fuels, and probably the most realistic one.
NYSE:CCJLong
by klos