Verified Investing on $CCJ (Nov 2, 2026)
CCJ is a buy: its big move up has consolidated into multiple supports converging near $73, where the 61.8% Fibonacci retracement and a descending trend line meet; it hit that level Friday. The speaker calls it his trade setup of the day.
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we're going to focus on Kamiko here, which is a uranium miner. And this one is a beauty in terms of a setup. It hit the level on Friday. any sort of retrace back in here. What you have is this is a Fibonacci from this low to this high.
This is a 618 Fibonacci trend line. Then you have this descending trend line perfectly hammering through. Both of those join forces right around $73. I love these type of charts where you have this big move up kind of like the flag pole of a flag consolidation down kind of into multiffactors of support.
Kamiko looks like a buy to me. This is my trade setup of the day.
What this channel has said about $CCJ
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