It’s been a long while since we looked in on this stock, but its ballistic rally of late warrants a timely update.  While Cameco’s long dirge appears, finally, to have ended, the stock’s ability to hurdle a series of ‘external’ peaks tracing back nearly a year can tell us how far it might travel relative to the bull market peak near 45 from last February. For now, we’ll judge buyers’ mettle according to how well they handle the 27.56 Hidden Pivot target of the pattern shown. The stock is a cinch to get there, but it will need to get past the resistance within no more than a day or two of first touching it before we infer that there is power enough to drive the rally significantly higher in the months ahead. Would you like to learn how we use the ‘camouflage’ trading technique to significantly reduce entry risk? Click here for details.