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Cameco (CCJ) Setting Up Bull Flag Continuation

Cameco (CCJ) Setting Up Bull Flag Continuation

by | Aug 4, 2022 | Chart SetUps

Cameco (CCJ) shares forming a bull flag just above YTD VWAP at 24.60 and a solid looking cup and handle pattern after recently popping back up over 200 EMA. The stock formed an inside day candle Thursday and can see a trigger buy signal above 25.10 with potential to reach 27.50 near the June highs as a first target with 30 remaining a higher VPOC untested.