ElliottwaveForecast
Nov 11, 4:26 AM
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$CCJ | Cameco: How Much Further Can This Correction Extend?
After topping at
$135.24,
$CCJ continues to unfold a larger Elliott Wave double correction. While the long-term outlook remains bullish, the current decline may not be complete yet.
📉 Our next key support target sits in the
$47-
$59 Blue Box area, where buyers could return and set the stage for the next major rally.
👀 Will this zone mark the end of the correction and the start of a new bullish cycle?
Read the full analysis 👇 https://elliottwave-forecast.com/stock-market/cameco-ccj-double-correction-targets-support-near-the-47-59-area/
#CCJ #Cameco #Uranium #ElliottWave #Trading #StockMarket #Investing
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