Cameco Corp

CCJ remains entrenched in a Stage 4 decline with a clear lower-highs and lower-lows sequence, reinforced by declining EMAs acting as resistance and expanding down-volume. The medium-term bias is bearish, and the High Momentum strategy favors selling into shallow rallies into the 9- and 20-day EMA region. Despite extreme oversold conditions, execution is best deferred until price pulls back toward the EMA cluster. Overall action is to trim into any bounce.

• ↑Westinghouse acquisition enables integrated uranium extraction to reactor services
• ↑24% YoY Q1 2025 revenue growth backed by long-term contracts
• ↓McArthur River delays limit 2026 production to 19.5–21.5 M lbs