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Paul Mosgovoy
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Truth is timeless: “Markets never change” – Jesse Livermore, 1923 The early masters, Livermore, Wyckoff and Loeb isolated themselves from the crowd and crowd thinking. None of them ever graduated high-school and yet they each became legends in the market. Their techniques have been time-tested.... More
  • Market Update: CCJ 0 comments
    Mar 25, 2014 10:41 AM | about stocks: CCJ

    Cameco Corp. (NYSE:CCJ) is going through a second penetration of the low with volume.

    This falls under the "should have known" that the prior penetration was not enough to take out all the stops.

    (click to enlarge)CCJ Hourly

    Chart by TeleChart

    Price action is now recovering off of the low.

    Disclosure: I am long CCJ.

    Stocks: CCJ
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