BY LICIA LESLIE
February 18, 2024
Hi Shoppers,
Cameco Corporation (Ticker: CCJ) has bounced off support with a very nice doji candle:
We have confirmation as it is beginning to trade higher.
I like the Mar01 43 calls.
CCJ next resistance level is $45.32.
Use a close below $41.25 as your stop loss.
Also, don’t let the chart turn into a series of spinning tops, meaning the consolidation instead of trading higher.
Trade Review
SPDR Select Sector Fund – Financial (TIcker: XLF) chart is still bullish, as of this writing Friday morning.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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