Bull Signal Flashing for World's Biggest Uranium Stock

Shares of the world's largest publicly traded uranium company, Cameco Corp (NYSE:CCJ), are up 1.4% at $40.11 this afternoon. However, a recent downtrend just placed CCJ near a trendline with historically bullish implications. The stock has come within one standard deviation of its 200-day moving average for the sixth time in the past three years. According to Schaeffer's Senior Quantitative Analyst Rocky White, Cameco stock was positive one month later 67% of the time, averaging a 12.7% gain.  A similar mov ...