AskDrBurt

CCJ possible price and time frame

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NYSE:CCJ   Cameco Corporation
CCJ had an incredible run in a short period of time with multiple pullbacks which developed bullish pennants along the way with new ATH. Currently in consolidation mode with another bullish pennant in process. Looks like we have landed on a support line today with massive sell off due to Red Army attacking the market crashing pretty much all sectors. New target ATH $24.64 with approximal arrival of April 23rd. Like I have mentioned in DNN analysis Uranium has strong fundamentals with 60 million pound in deficit production
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