CCJ - Cameco Corp. Mining - domestically sourced energy source

CCJ
Recent changes to using domestic sources of Ur (Uranium symbol) for nuclear power.
Cameco Corp. is also at an extreme low due to the 2011 psunami that hit Japan that
had back-up power failure causing a melt down and Japan shuttering 32 Nuclear
Power Plants until they had full double fault protection to prevent such from ever
occuring again. They are now getting ready to start back up, which will drive up the
prices of Ur futures (UX) and thus profits for domestic suppliers, as no new power
plants are being built these days. CCJ pricing in near break-out of 9.75-9.81 resistance
level.

View the 1w, 1d, 1h, 1m chart and look for pricing to go past 9.80-9.81 range for entry
upward and simply know prices are going up. Lower Fib retracement is 9.50 which it
quickly bounced off today. Below this 9.13 is the low and not likely with current
dynamics.

評論:

26 plant permits are still pending with another 12 by 2025 for JPN to meet the Paris Trade Agreement for clean air. 25-30% uptick since first posted.