
Now take a look at the RSI reading for CCJ. While price is still about a point away from the $42 intermediate high, RSI is higher than when it reached that level. This leads me to believe the stock will breakout from the intermediate high and challenge all-time highs which are at $45.

Due to the concerns with both stocks, I will likely wait for a breakout over resistance (CCJ at $42 and RTP at $230) on strong volume before entering, rather than making a riskier entry pre-breakout.
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