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Uranium Bulls are Back $CCJ $URA
Cameco Corporation
Long
Uranium Bulls are Back $CCJ $URA
By FriscoTrades
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Jan 19, 2022
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Jan 19, 2022
Millions of premium in calls flying around today, specifically a big buyer of a March 24/26 debit spread
CCJ
I like the technicals as chart is supporting the upward trendline.
Want to see a move at least up towards the AVWAP with follow through.
I'm long March 24 calls ... Naked ... when uranium moves it MOVES.
Idea to trade to the AVWAP then move stop loss accordingly to lock in profits !
Let's gooooo
CCJ
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Supply and Demand
Support and Resistance
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Trend Lines
URA
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