Cameco has been in this ascending channel for some time, which is confluencing with the multi-year falling wedge on the weekly candles. Possible price target would be around $59. At the current time of the market cycle, energy-sector performs best.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.