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MAB7
Jan 21, 2021 4:14 PM

Nearing "back the truck up" for CCJ Long

Cameco CorporationNYSE

Description

Stock is close to finishing a retracement of its recent run-up.
Fib retracement of 0.5 is $11.91 and trend support around $11.91 and 50dma at $12.06.
With good support likely at those levels and a fib extension >$15.63 creates a good asymmetric entry in the low $12 range.
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