Bounce off Oversold
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Cameco has entered oversold territory and has found support at this level over the last few years.
Uranium market is bleak but a trading opportunity here if a bit of optimism appears prior to earnings.
Stop - $8.02 (potential -2.2%)
Uranium market is bleak but a trading opportunity here if a bit of optimism appears prior to earnings.
Stop - $8.02 (potential -2.2%)
Note
Caught the upside late at $8.34 but had a nice pre-earnings exit at $8.77. +5.15%
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