Way back in December, I had highlightedCCJ as a Uranium play on a breakout over $42. While I missed out on that trade, I entered today at $50.10, as it recovered from yesterday's dip. Anybody care to analyze this trade?
Yes, I entered after confirmation that the pulback was not going to be a deep correction. I thought about entering on Thursday's pullback, but the fact that so many energy and commodity stocks got hit hard worried me.
2 comments:
It broke out from 48 to 52 on rising volume then pulled back on lower volume. you entered over the high of the previous day... ? NRB too...
Yes, I entered after confirmation that the pulback was not going to be a deep correction. I thought about entering on Thursday's pullback, but the fact that so many energy and commodity stocks got hit hard worried me.
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