LeLaf

CCJ: Ascending Triangle, Not confirmed (70.19%)(4/1000)

Long
NYSE:CCJ   Cameco Corporation
(4/1000)
Ascending Triangle for CCJ. Not Confirmed yet.

Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- RS above 0 but barely
5- R/R ratio above 5
6- 250RSI above 50 and ascending
7- 50MA above 200MA
8- 50 MA and 200MA ascending.
9- Golden star circled in blue

Cons:

1- ATR is descending/flat, less volatile
2- Triangle not confirmed yet

Target price is 54,12$.

Again, stay humble, have fun, make money!

MAAX!

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