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Gold/Mining/Energy : Uranium Stocks
URNM 56.58+0.1%Dec 24 4:00 PM EST

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To: #Breeze who wrote (30206)12/16/2025 10:44:27 AM
From: ItsAllCyclical   of 30237
 
You last updated CCJ in Aug. Wondering if you could provide an update. Sector need to get thru dividend payments this thurs for Sprot and rebalance on friday (URNM, URNJ). Uranium could take off any day now on SUR (Strategic Uranium Reserve) announcement but we could easily chop or going lower for another month as well.

My simplistic take is an ABC wave off the highs for CCJ for the C wave is still unfolding and I would get a measured move around 63. I will off course take it day by day and read according, but would value your input if, when you have time. This should be the last good correction for a while before going on a very nice run when this is complete (my swag).

I would be surprised if CCJ gets there, but there are legit scenarios and this sector tends to get to extremes before rebounding.

Thanks.
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