Cameco Corporation (ticker symbol: CCJ) is a prominent Canadian uranium mining company headquartered in Saskatoon, Saskatchewan. Founded in 1988, Came
co has established itself as one of the world’s largest and most respected uranium producers. The company is involved in all stages of the uranium mining process, from exploration and mining to refining and marketing.
We wrote on our previous article that Cameco was in sideways consolidation looking for a direction. However, in that article, we also gave our bias to the upside after it’s done doing the consolidation. The stock has now extended higher suggesting it has ended the sideways consolidation and now looking for a new bullish leg higher. Below we will update the Elliott Wave path for the stock.of Cameco above shows that the stock has ended wave at $5.30.
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