May. 17 at 7:47 PM
Watching
$CCJ, and honestly, I’m keeping a close eye on this one.
$46B market cap,
$429M net income—fundamentals are solid.
This week it dropped 7.91%, now testing the
$100–
$108 support zone.
If
$100 breaks,
$94.70 is the secondary accumulation zone, lining up with the weekly EMA 50—feels like the last line of defense.
Resistance is
$122–
$127, a ceiling that’s held every rally attempt in 2026.
Nuclear renaissance + AI energy demand + supply constraints → long-term bull thesis still intact.
Support holds → target
$115–
$116; break
$100 →
$94.70 becomes the reload zone.
The thesis hasn’t changed, the price has.
Are you adding on dips, or waiting for support to confirm first? I’m thinking of small test positions myself.
