6 replies to this topic

[hiker]

testing the all-time high:

http://stockcharts.com/gallery/?CCJ

[Sentient Being]

I noticed that. I was expecting to get stopped out but both my stops held and now it's at the top again. I'd love to add on but I dont feel that ovebought condition really relieved itself, I just don't see it as an ideal place to add on yet. I'd like to see that weekly price reach back down and touch the trend line, as it is the weekly looks as if it could roll over anytime.

[hiker]

Robert Mullen has been posting at stockcharts.com "public lists" regarding uranium miners and explorers for some time now:

http://stockcharts.c...t?obj=ID1004348

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btw, it is instructive to plot the 21 ema vs. the 34 ema on the weekly CCJ chart.

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a blog I recently discovered that is devoted to the sector:

http://www.uraniumblog.com/

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there is a January article in Barron's about uranium and some of the stocks.

[hiker]

http://stockcharts.com/gallery/?ccj

new all-time highs today

note the improvement in the PPO

Edited by hiker, 03 January 2006 - 11:40 AM.

[hiker]

fyi, just posted this elsewhere...and fyi is a copy of the post I made elsewhere on 9/13/05 re: CCJ (many of you know that mss, SilentOne and hiker have been posting here about this sector for over two years):

13:06 CCJ has moved above the new all-time high reached this a.m. -

http://stockcharts.com/gallery/?ccj

note the recent rising bottoms trendline and the move above the upsloping price channel on the daily chart. Note the 21 ema vs. the 34 ema on the weekly chart for the last 3 years.

recent Barrons' article on the sector

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On 9/13/05 wrote:

the 20 ema on the weekly has not often been broken during the uptrend from 2003....the weekly chart has proven useful for staying in this trader. Note the 34 ema on the weekly as well during this period. Note the weekly 5 ema at the moment.




On 9/13/05 wrote:

CCJ - the move above 50.99 on Aug 31st caused the most recent PnF breakout that resulted in the move to the $55 all-time high on Monday this week... the return to the PnF breakout price is common price action....it is common for trader's interested in the long side to add on this type of pullback behavior after a PnF breakout rally. We'll see how it goes from here.

CCJ is the largest publicly traded uranium producer in the world. Worldwide demand for uranium exceeds supply, and it requires about 10 years to bring a new mine on-line.

Edited by hiker, 03 January 2006 - 01:55 PM.

[hiker]

scroll to the bottom of this thread for today's update for several of the stocks in this sector:

http://forums.techni...693#post7917693

[hiker]

12:42 - CCJ - 5 min PSAR went to a sell on the current 5-min candle...hourly PSAR remains on a buy. 13:19 - CCJ - the noon hourly candle volume during the selloff from the $70.99 all-time high is the largest hourly volume since an hourly candle on 12/7.