TaPlot

CCJ Bullish Continuation Rectangle

Long
TaPlot Updated   
NYSE:CCJ   Cameco Corporation
Beautiful rectangle consolidation. 2 ways to play this. Buy daily close above rectangle resistance or buy support after a sign of a bounce taking place. Notice how 200 moving average coming up to converge with rectangle support area. Might head down there in the next few days if the market entered a pull back today. Either play should provide a good bullish opportunity to get in. Volume pattern supporting long side.
Trade active:
Seems like we are breaking out today. Must hold the breakout to EOD to confirm.
Trade closed manually:
can't get any better. closed with a good winner. not holding over the weekend with this Covid19 stuff all over the place :)
Trade closed: target reached

✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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