today, we've analyzed comeco corporation (CCJ) interestingly this stock has many technical indicators that agree all together on teh direction,
examining the chart, we see a support line formed in OCT 2002 and broken in July 2007.
another support line is the support line around 36$.
examining the latest year a bit in more detailed view we can see that a triangle was formed from the support line at 36$ and the resistance line and was broken in Jan 2008. the target of this break is 27.5$. fruthermore examining the techincal indicators, we see an MACD bearish signs and a double top at ZIG (we didnt notice that at the regular chart). EMA 14 was also broken down. concluding it all, CCJ is bearish, medium term target is 27.5$.
We Moved!!
Please check our new site : The stocks profit, for
Stock Research
you can also subscribe to its RSS feeds or newsletter to get updated when new analysis is posted
GO ahead and click in!read the latest technical analyis of all the TSX, NYSE, NASDAQ, AMEX stocks and find
hot stocks
enjoy
Shadi
Stock Research
you can also subscribe to its RSS feeds or newsletter to get updated when new analysis is posted
GO ahead and click in!read the latest technical analyis of all the TSX, NYSE, NASDAQ, AMEX stocks and find
hot stocks
enjoy
Shadi
Friday, January 25, 2008
Cameco Corporation (CCJ) Technical Analysis
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
to get back to main page click here .
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment