CCJ retesting triangle break out. Positive divergence exists here as well as in most of the uranium stocks and can be seen by a mile.
Sector is so depressed the last few years that sentiment is touching the floors.
Good R/R for long term positions.
Cheers,
Panos
Bat Pattern Long along with some bullish momentum divergence for CCJ. We touch the 886 3 days ago, but today might be an opportunity to jump in at a good price if you missed the first touch.
We saw increase volume at the 'XA' leg and lower volume through the maturity of the pattern with increased volume at the .886 level.
I would like to wait for a retest of...
I but 300 shares on 23 of July 2003, with out having the confirmation on the weekly chart now I'm bringing up my stop lost at 19.00 because I make a mistake know I need to protect my capital. If the market do not move this stock up I'll lose some money and pay the price of my mistake,
Got two channels formed on CCJ.
Wondering which one to use for exit.
I'm thinking about taking 1/2 off at 22.5 and the rest off at 25,
Maybe add to on breakout.
