CCJ | Cameco | Quick Take

In this [CCJ | Cameco | Quick Take] video , we'll be taking a look at CCJ, a uranium miner that we briefly mentioned in a previous video. But before we dive in, don't forget to grab a drink and make yourself comfortable. And as a quick reminder, you can find links to all the trading tools and platforms we frequently use in the link section on our homepage, beachbumtrading.com

Now, let's take a closer look at CCJ. As you can see, it recently topped out and rolled over, along with many other uranium stocks. Despite disappointing earnings and revenue, CCJ has managed to bounce back from its recent low and is currently trading around $40, with a recent high of $56. However, if we zoom out, we can see that CCJ is still relatively high, with a potential risk of going down to $20 and an upside potential of $15. This is one of the reasons why we don't particularly like the risk-reward profile of CCJ compared to other uranium stocks such as UROY, LEU and DNN.

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CHAPTERS
00:00 - CCJ | Cameco
03:19 - BeachBum Trading Sites
04:07 - Discord Invite

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TRADING TOOLS USED IN THIS VIDEO
️ ChartMill https://bit.ly/3By9g4X
️ FinViz https://bit.ly/3h7r8M3
️ Seeking Alpha https://seekingalpha.com
️ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5

REFERENCES
CCJ - Cameco Corp. - Home Page http://www.cameco.com/
Profile of Cameco Corp. (CCJ) stock | ChartMill.com https://www.chartmill.com/stock/quote/CCJ?a=152324
CCJ Cameco Corp. Stock Quote https://finviz.com/quote.ashx?a=311864277&t=CCJ
Cameco Corp. (CCJ) Stock Price Today, Quote & News | Seeking Alpha https://seekingalpha.com/symbol/CCJ
Weekly Trading Game Plan Notes for 8/19 – 8/23/24 - Part 2 https://docs.google.com/document/d/1JH5mQKyooyMROIcUK5rXHT38POmXCArc8gMr5qiwmao/edit?usp=sharing

OUR FAVORITE TRADING PLATFORMS
✅ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! https://bit.ly/3zP6rvB
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#CCJ #Cameco #duediligence

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