Try not to get caught up in daily charts with respect to setups,...

Try not to get caught up in daily charts with respect to setups, with the exception of exit and entry timing. Any thoughts on a rectangle pattern forming would be a little premature at this point, other than it really hasn't formed.

Its held its ground nicely the last two days, but RSI on the weekly + the technical position on this stock and adjacent sector charts is stretched, so I think sentiment needs some time to wash out.

If the ETFs who have provided momentum have exited for some profit, they are unlikely to be jumping back in immediately. But who knows for sure - this is a game of probabilities, I just don't like the current odds of it going higher without a decent rest which is why I covered.

If Cameco has a massive $ gap in their plan, does anyone think they'll be sucking on that egg passively? I doubt it. That said, its only a subset of the total narrative, so can't be relied upon.