ElliottwaveForecast
Oct 4, 11:13 PM
🚀
$CCJ — Has Cameco’s Correction Ended and the Next Bullish Leg Begun?
Cameco appears to have completed wave II at
$83.15 after a double-three correction, and the rally from that low is now unfolding in five waves. Elliott Wave Pronósticos
🎯 Key conclusion: as long as
$83.15 holds, the preferred path favors further upside. A break above the prior
$135.24 wave I high would remove the risk of a larger double correction and strengthen the bullish case. Elliott Wave Pronósticos
👀 Why it matters: if this new impulsive advance continues, pullbacks in 3 or 7 swings could offer the next opportunities to join the broader bullish trend. Elliott Wave Pronósticos
Read the full Elliott Wave outlook 👇
https://elliottwave-forecast.com/video-blog/cameco-ccj-resumes-bullish-trend-as-elliott-wave-correction-ends/
#CCJ #Cameco #Uranium #ElliottWave #Stocks #Trading
0 replies