Tuesday, January 31, 2012

CCJ Continues to Progress to my "Buy" Price

I have a buy in at : $21.70:




Wha a great A to B this has made in the past month!  A retracement of 0.382 proportions would bring in the potential for a 7 or 8 point ABCup! 

Why is uranium bouncing here?  Well fundamentally, I'm not sure.  But technically it has either made a great double bottom or possibly, merely experiencing another sharp bounce as it did in '09:

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