Apr. 10 at 3:19 PM
$CCJ is starting to shape out as an outlier in energy for me.
The daily + weekly combo look to be setting up really well, here's what the chart is giving us:
- daily EMA curl and flip to uptrend and consolidating into the DTL resistance
- weekly showcasing the strength with rest of market
The one aspect of this setup that's a little iffy is the lower volume on the weekly candle as we drift up.
Regardless, this name is on watch if we can get a high volume push past the 122 area.