Amazing HorseLook at that horse,
that horse is in $CCJ.
Give it a lick!
Mmm, it tastes just like gains.
CCO trade ideas
CCJ - possible stage 4 incomingDear all,
Another name that is probably setting up for stage 4 in the energy sector, this time a uranium name: $CCJ.
After consolidating a stage 3 for almost a year and forming, kind of a sloping head and shoulder pattern and loss of the longer term trendline this week, it is time for a stage 4 decline.
Things to consider for a stage 4:
- declining 30 week Ma :check
- declining 10 week Ma :check
- 10 w underneath 30w :check
- Loss of trendline :check
Extra reasons for stage 4 decline:
- Big volume on down days :check
- Gap downs
- Resistance of AVWAP of important dates (big volume days 1 feb 21, last high and low)
The price is now trying to reach back the broken trendline, but is unable to break through. The trendline is now also confluencing with an AVWAP. Next week the 10w sma is at the same spot and also the downtrending trendline from last high. This will be a very tough spot to break, so a high probability the price will move downwards.
I entered last week with a few puts, three months out. Stop loss i would suggest is the break of before mentioned resistances ca. 23-23,5
Good luck and have a good year!
Uranium Cameco CCJ - Bears are still in control
Cameco has been in chop fest, but I think we will continue to sell off into the next year.
I said on the week of 9-11-22 the bears take control and it has not failed. Now bears need to take out $20 to get the real momo.
Year of the correction - Gann Theory
Stay vigilant!
Uranium Cameco CCJ - Stay Vigilant!Cameco has been in chop fest, but I think we will continue to sell off into the next year.
I said on the week of 9-11-22 the bears take control and it has not failed. Now bears need to take out $20 to get the real momo.
Year of the correction - Gann Theory
Stay vigilant!
CCJ - Uranium Stocks Looking WeakProbable bad news and bad reaction post FED interest rate announcement with stock indexes looking weak so i'm looking for stocks that look very weak.
CCJ is one of those looking very weak and already trending down after a severe post earnings crash.
This one had long term downside i think.
CCJ daily bullish hammer after harsh dropEntry 23.06
SL 20.97
CCJ daily bullish hammer after harsh drop should be gap'n'go but in case for retest. Stop loss to support, take profit 1.2R
Wild Boar$CCJ started new page in Wild Boar trend. Wild boar is a bulky, massively built suid with short and relatively thin legs. It can grow pretty big and eat almost everything.
CCJ Financed Vertical for 12/16/22 EXP
$98 credit (or so) upon order execution.
Max profit $398 ($300 + $98) @ $27.
Short put assignment @ $20.99.
Breakeven @ #20.02.
Uranium Cameco CCJ Bears are in control!The bears are in control!
The weekly chart just had a MacD crossover!
Stay vigilant!
CCJ weekly bearish hammerSell Stop 26.33 LMT 26.33 GTC
Buy Limit 21.62 GTC
Buy Stop 29.42 GTC
CCJ weekly bearish hammer wave C correction or wave 3 downtrend.
ID: 2022 - 03710.12.2022
inception price act
directional trade with 3 tp target, 2x, 4x, stop to BE with trailing stop
CCJ indecision candle dailyLove bearish volume growing. Just got stopped out and set up a new one with stop about the previous high.
In a hindsight should've put my previous stop above local high right away.
CCO daily bearish hammer at all time highs A or wave 1 downtrendSell Stop 36.32 LMT 36.32 GTC
Buy Limit 30.70 GTC
Buy Stop 39.22 GTC
CCO daily bearish hammer at all time highs A or wave 1 downtrend
CCJ daily bullish hammer Order BUY CCJ NYSE Stop 28.27 LMT 28.27 will be automatically canceled at 20230401 01:00:00 EST
CCJ daily bullish hammer. Stop loss below hammer, take profit to trendline below resistance zone.
Indian RhinoIndian rhino spotted in CCJ. This is mostly sideway pattern but it can run surprisingly fast.
Uranium Cameco CCJ Bearish outlookMy analysis indicates from 9-11-22 Cameco should start making lower lows and lower highs.
Let's see if my calculation will pan out.
Cameco out performing US equitiesPower squeeze in favor of uranium miners versus US equities.
2003 analog setup where Cameco went on to out perform SPX by over 500%.
#uraniumsqueeze #uranium #fintwit
CCJ: One more Uranium Short for good measureMy outlook on Uranium and Nuclear Energy has shifted bullish long term. The spike in volume on CCJ during this uranium bull run bodes well for the future of uranium in my opinion. That being said, CCJ has been trading in an ascending channel for over a year now whilst being rejected at the long term .786 fib at $33.34. I am expecting an ABC correction to at least ~$10 (Highest Volume Node, 1 fib level, 0.7 fib level). Wave 2 can retrace up to 100% of Wave 1, but there is significant confluence for support at ~$10.
I don't believe the transition from fossil fuels to renewable energies is going to happen in a snap of a finger. Not in a rush to purchase anything Uranium related.
CCJ short after bearish hammer on dailyNice bearish hammer on CCJ on daily at the local highs.
Waiting for impulse.
