My goodness the Cameco daily chart looks ominous...
Is that a valid head and shoulders top with a back test in progress?
In any case, price still below resistance and declining 36 day moving average.
Not a place to enter, even if it does manage to invalidate the breakdown.
Is that a valid head and shoulders top with a back test in progress?
In any case, price still below resistance and declining 36 day moving average.
Not a place to enter, even if it does manage to invalidate the breakdown.
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✅Industry-leading technical analysis
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✅Market commentary
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Use discount code "TRADINGVIEW" and get a lifetime 50% discount on PREMIUM plans
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.