Cameco has had a nice run up until the January highs and I've been watching this correction since then. We have a triangle forming off the low and I want to see a move to ~127-132 range for more likely new highs. If we get 127-132, the ideal buying scenario is around the 108-112 with a healthy correction as is typical with triangles.
Starts to setup more bearish if we stay under 126 and breaks below 108. possibly correct down to 95-80.
not finacial advice
Starts to setup more bearish if we stay under 126 and breaks below 108. possibly correct down to 95-80.
not finacial advice
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.