CCJ
CCJ updateNot going down towards target in an ideal manner. Could mean a deeper target or a triangle situation.
CCJ wave CLooking more likely now that we are correcting to my ~8 to ~9 target. Expecting a corrective bump up and continue down
FCUUF longBroken diagonal, horizontal resistance still in play. FCUUF has been strong will likely see follow-through.
CCJ Cameco Corrective MoveDon't like the move off the low. Expecting a higher B move and more correction right now
Cameco large correctionHad to change my expectations significantly with the correction. Expecting an A wave soon.
UUUUSome famous FinTwit people have brought some attention to #uranium as of lately & also news came out rumoring KazProm will remain shut in until 2021 so I changed my TP from .70c which was that bottom TL to $1.30 as last dip ever on this stock. I hope to catch that dip.
CCJ promising start off a bottomCCJ made a nice impulse move and watching this correction now. Looks like little more to correct for this ABC move, but could have started wave 3 upwards.
CCJ impulseCCJ highest probability count for me right now is we have a wave 1 and looking for bigger correction at this time
Cameco MovingOverall bullish on Cameco. Not a clean impulse but looks promising. Think still waiting to finish a wave 1 then a correction. adjusted my count some from the previous video
Long beetween $64 and $67 target $95 and up, extremely robust business, strong history, continual innovation into new markets - namely Lithium
downside risk is broader market selloff, which can move price to $60 and under
CCJ BottomReally like what I am seeing here. Very possible 1-2 1-2 pattern forming. Looking as though an entire EW cycle which started in 2001 may be complete. I like this play because I believe the entire uranium market is looking for a bottom. I know may traders that are interested in the market. I have also talked with a trusted CFA and he also likes this stocks numbers. I am confidently buying here between $8-$9. When the fundamentals are strong and the technicals align with the narrative, price discovery can be powerful. I am #Bullish.
CJJ RSI Bullish Div #CCJ #URANIUMRSI Bullish Divergence on the 4 hour and daily and catching a little support near 8.55. I'm expecting a little bounce here imo #uranium #cjj
Marc
Long CCJExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
