Just an opinion.
Not in (yet).
Nuclear energy is becoming safer, as is storage (with increased and almost complete depletion now possible).
Nuclear energy is clean and efficient.
Downside is time to build the power plants. Should obviously not be built on fault lines, etc.
Nuclear energy will likely have huge moves in coming decades. Do serious DD and NEVER
FOLLOW the opinion/picks/entries/exits/etc. of any anonymous message board poster.
DO consider learning technical analysis, however, to INCLUDE in DD.
CCJ is currently retesting some lows. NOT impossible to test lower.
Watch for sudden upmove in uranium spot, tho not sure when that will occur.
Again, ONLY an opinion.
Peace Energy Agape ~
Vinik bought 3.5mln shares last qtr.
Today, CCJ touched high 18.93 and has pulled back intraday to 18.56/18.57...resistance in that area close to $19.
Watch for strength or weakness from here on in.
VOLUME AND ACCUMULATION HAVE BEEN STRONG THUS FAR, with little selling at the resistance levels.
Meanwhile, DNN remains green (as does CCJ).
Even URRE and CXZ show some signs of stabilizing from a technical standpoint, imo.
Peace Energy Strategies
Thank you for your comments!
Could retest into the 16's, tho there is some support here in the 17's.
Have not yet purchased any CCJ.
Need confirmation of uptrend from 16's.
Has not (yet) occurred.
US indices oversold, but no confirmation of reversal (yet).