- CCJ broke downward trend line - Hitting resistance at 2011 gap - If it breaks, we go straight to ~$38
1. Uranium supply shortages 2. Major producer 3. Inverse head and shoulders pattern
$DNN $CCJ $UEC $UUUUU $URNM $UEX Nilce bullflag.- nearly through the traffic!
What is driving Uranium? China demand for power and Spot Uranium has increased from $34 to $42 in Sept 2021. Options flow for Cameco - Nov 19 put call ratio is .27, almost 4 to 1 calls to puts. over 19000 sitting in OI for $25 calls, 14000 in $28 calls. Other names to watch: URA, UUUU, NXE and UNRM.
OK OKOKOKOK Uranium in a freefall? Is it? So where is the bottom?? $34.40 - see the chart for explanation. I see a big multi-leaf IH&S. Tricky chart ! But there it is. I have seen no better explanation for this chart. Tips accepted ;)
Let's see!!! nice retrace NMothing goes up in a straight line. IH&S proceeds
Are we there yet? Not sure. Got the make off a bullflag though. Falling wedge and a little o bearflag dropping her to 19.5 and see then…. Most bullflags have a waistline that’s midway between top and bottom rails so if you acan see the waistline, you can project a floor. Ccj is tricky but that’s my best guess for now.
rapid backtest has sent the RSI70 SOARING Backtest back to the VPVR and wasteline of the bullflag See the UX price arcing up with teh CCJ: UX Nice entry? If you look at the chart, I'd think so.. just want a smidge more conirmation of current local stucture. I'm LT HODL CCJ LEAPS so...
Nice ledges there and setup for a bullflag on the BO line. gaps down nice and bullish. Clearing teh decks of sellers so FOMO can take over again.
what do you think of CCJ by mid october..november-ish? i think (for now) a continued down trend. not sure about 18 but... seems my earlier prediction might come to forreston. ~link below~
what do you think of CCj by mid october, novemberish? i think (for now) continued down trend. i charted this head and shoulder pattern before break out, link it below. var tradingview_embed_options = {}; tradingview_embed_options.width = '640'; tradingview_embed_options.height = '400'; tradingview_embed_options.chart = 'fFJ3VWfd'; new...
$CCJ Target 20.72 for 19.15% Or next add at 16.02 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not...
🟢 Added to $CCJ Target 21.26 for 18.57% (Risk Level - Med) Or double position at 15.94 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are places that are a good idea to add if you can. Numbers with a D are places where you should double...
$CCJ - looks like a strong support on both RSI and Stoch. indicator. IMHO I doubt significant downside is possible here. Just like $DNN Ichimoku CLoud is intact regardless of this #uranium spoofing.
$CCJ $24 target price by the end of August based on recent drops and advances. Note similarities in white circles.
$CCJ - 04/21/21 and 06/21/21 - similarities. Ichimoku Cloud is intact. VPVR - points out for $19.33 and $21.38 #uranium
$CCJ Target 22.56 for 17.32% Or double position at 15.90 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before...
$CCJ Next stop is $22.96. 1D Ichimoku Cloud looks amazing