Next is CCJ stock. Now, CCJ, as you can see here , this is the weekly timeframe, but today's move saw impressive gains of 6.35%. But I'm starting on the weekly timeframe to show you that we have a head and shoulders pattern, guys.
I told you she looks like Roy Kent; she's literally on all these charts everywhere. However, we are not breaking the neckline. And today's neckline. As you can see with this current shoulder or gap in the head and shoulders pattern, we have at least been saved and have performed very well this week.
But guys, we can still move sideways and then break. So keep in mind this breaking point for this neckline for a downward move. It's $85.61. This type of break could take us back completely to the bottom of this parallel channel at around $40.47.