More Upside Ahead for CCJ

Cameco Corp (CCJ) acts well today, in sympathy with the industrial, strategic, and rare metals sectors. Let's notice the CCJ spiked to within $0.07 of fully testing its prior, significant high at 26.89 from August 4. Right now, the weight of evidence of my technical work argues for upside penetration of 26.89 on the way to an interim high of 127.10/30 next.

As long as any forthcoming weakness is contained in the 26.40/20 area, we will continue to stay long in our MPTrader model portfolio.


  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!