2 replies to this topic

[stocks]

Uranium Bull Market Confirmed! Cameco blasts through $23.

What's not to like:

5 year bear market complete
multi-year base-building complete
Uninformed opinion is insanely bearish


http://stockcharts.com/h-sc/ui?s=CCJ


Uranium could be a monster in 2014

Let's start with the granddaddy of them all: Cameco CCJ . This is what we call the ExxonMobil of uranium stocks. Not that it is anywhere near the size of America's largest company, but relatively speaking,
Cameco is so much bigger than the others, that in the uranium world, it is the benchmark.

What stands out to me is the huge two-year base that this stock has put in since 2011. After such a devastating collapse, such as the one that took place here, typically the only thing that can repair it is time.
I could not have drawn this one up any nicer. As you can see in this chart, the upper end of the range is about $23. So a breakout above this key resistance could signal the beginning of a new leg higher.

The reason I see huge potential from this space is a combination of the huge base and that Tsunami gap between 33 and 37. For an initial target, these are serious returns. But there are other much smaller stocks
that could benefit from a rally in the uranium space.


http://www.marketwat...2014-2014-01-17

[johngeorge]

From The Motley Fool March 3, 2014: Is it time to buy Cameco Corporation?

[diogenes227]

Uranium Bull Market Confirmed! Cameco blasts through $23.

What's not to like:

5 year bear market complete
multi-year base-building complete
Uninformed opinion is insanely bearish


http://stockcharts.com/h-sc/ui?s=CCJ


Uranium could be a monster in 2014

Let's start with the granddaddy of them all: Cameco CCJ . This is what we call the ExxonMobil of uranium stocks. Not that it is anywhere near the size of America's largest company, but relatively speaking,
Cameco is so much bigger than the others, that in the uranium world, it is the benchmark.

What stands out to me is the huge two-year base that this stock has put in since 2011. After such a devastating collapse, such as the one that took place here, typically the only thing that can repair it is time.
I could not have drawn this one up any nicer. As you can see in this chart, the upper end of the range is about $23. So a breakout above this key resistance could signal the beginning of a new leg higher.

The reason I see huge potential from this space is a combination of the huge base and that Tsunami gap between 33 and 37. For an initial target, these are serious returns. But there are other much smaller stocks
that could benefit from a rally in the uranium space.


http://www.marketwat...2014-2014-01-17

stocks,

CCJ - the one stock pick I've ever seen you make and it turns out to be just as smart as your thousands of political posts. Keep up the good work.



http://stockcharts.c...01-01&en=(today)&i=p71946664788&a=363444702&r=1407865951735.png