(This post was last modified: 2020-05-10, 03:32 PM by marry123.)
RE: Stage Analysis Beginners Questions- CCO.TO
Hi Isa and others,
Can you please comment on CCO.TO (Uranium stock). Would it be a buy if it breaks above 17 given it would be above the cloud (as it is now) but there seems to be resistance at 18 going back to 2015 (how far back should one look in terms of overhead resistance)?
It had formed a base of around 6 months with 11-13 range so would proper entry have been a break over 13 (cloud was right above so guessing one would not have entered on a break of 13)? My guess is a break of 17 on volume would be the trigger buy now as it would break above a 3+ year overhead resistance.
Thanks again for your input.