Cameco has entered oversold territory and has found support at this level over the last few years.
Uranium market is bleak but a trading opportunity here if a bit of optimism appears prior to earnings.
Stop - $8.02 (potential -2.2%)
Uranium market is bleak but a trading opportunity here if a bit of optimism appears prior to earnings.
Stop - $8.02 (potential -2.2%)
Comment:
Caught the upside late at $8.34 but had a nice pre-earnings exit at $8.77. +5.15%