Uranium is the Future: Here's Why Bulls are in Control
Cameco(CCJ) Zacks Investment Research·2024-04-02 18:11
Big Bases Can Breed Big ProfitsThe old Wall Street adage “the longer the base, the higher in space” in technical analysis refers to the idea that the longer a price consolidates or trades within a range (forming a base), the more significant the subsequent breakout tends to be. In other words, extended periods of sideways movement often precede powerful upward movements in prices. Breakouts to fresh highs indicate that the price has surpassed previous resistance levels, and no significant overhead resistanc ...