5D·

Follow-Up Purchase & Earnings Snapshot: Cameco

Let's take advantage of the sell-off at $CCO (-1.78%) following a somewhat mixed quarter; the long-term thesis remains intact.

30.10

Cameco

Bought x5 at €67.26

€336.30

4 Comments

jkb92@jkb92

I still see some downside potential down to around $60. That level marks a cluster consisting of a previous high, a price gap, the 200-week moving average, and the start of a larger volume zone.

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Stocktective@Stocktective

@jkb92 We'll see—anything is possible. Lately, the downward trend hasn't usually lasted that long.

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