Nuclear THREAT.... $CCJ back to ALL time Highs SOON???
Cameco Corporation BATS:CCJ
NLR
Index is showing a double bottom pattern. It's a change of character from a downtrend to an uptrend.
CCJ is the second biggest holdings and also is forming a double bottom at the neckline.
CEG
has earnings tomorrow which could be the catalyst to really push this thing back up to the $100s eventually $110-$120 range.
Look for a retest of $92 area and a break of $92 as your stop loss.