I got a Buy Signal on CAMECO CP, symbol (CCJ) at 34.08 on 2/1/2008
Price and moving averages:CAMECO CP, symbol (CCJ), has closed below its Short time moving average.
Short time moving average is currently below mid-time, AND below long time moving averages.
The relationship between price and moving averages is: bearish in short-term, and bearish in mid-long term.
Bollinger Bands:CAMECO CP, symbol (CCJ), has closed below the lower band by 71.9%%. This combined with the steep downtrend can suggest that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.
Bollinger Bands are 13.3%% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
This commentary is not a recommendation to buy or sell. This is a commentary about a trade I made.
Fundamentals:I also like that CAMECO CP has an EPS of 1.066 which is and indication of profitability and not a very high dillution. The company is growing, as shown by a PEG (price/earnings growth) of 0. As a bonnus, it pays a dividend per share of 0.19This should be a tradable stock.
Recommend this article...
Last update : 13-02-2008 21:05
|
|
Users' Comments  |
|
Average user rating
 (0 vote)
|
|
|
