The 1. Chapter of Cameco - Long - It shines and its dangerous

Long scenario for Cameco.
Fundamentals:
Second biggest Uranium producer in the world. Based in Canada. While Russia (on Position 6 [Based on producing countries]) and Ukraine (Position 9) are fighting a war + sanctions against Russia.
TA:
Could see something like the orange arrow happening. A far safer approach would be to wait for a break of Level 1. However as i´m willing to hold this position for quite some time + watching my risk management.
Requirments:
- none
Invalidation:
- none. Willing to hold it for a long time.
- Would be considering partially closing my position if price went lower than the yearly open and generating lower swings.
Good luck
Fundamentals:
Second biggest Uranium producer in the world. Based in Canada. While Russia (on Position 6 [Based on producing countries]) and Ukraine (Position 9) are fighting a war + sanctions against Russia.
TA:
Could see something like the orange arrow happening. A far safer approach would be to wait for a break of Level 1. However as i´m willing to hold this position for quite some time + watching my risk management.
Requirments:
- none
Invalidation:
- none. Willing to hold it for a long time.
- Would be considering partially closing my position if price went lower than the yearly open and generating lower swings.
Good luck
Dagangan aktif
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.