DML Long entry - Major target at 4.09 - resistance expected at 2.64. Weekly MA's behind us. Usual stop loss MGMT.
I have longed Denison Mines Corp as a long term investment. As it stands, nuclear energy is the cleanest and most efficient way to produce energy. With all the macro fundamentals, along with the narrative that oil can double from here in the next decade, I believe governments will be forced to look for reliable and high output energy production...
Just playing around with DNN Stock I am not in trade. Just learning and sharing thoughts. Any negative news could throw off predictions
I saw this patern and am bullish, need to find some support at higer levels Not financial advice
it is simple Denison Mines - invest accordingly. Strong support on a monthly chart
DNN chart upward channel, good support level to buy with expect rise to 2.2 $ from current price of 1.7 $. Convergence with CCI indicator suspected price rise.
Bearish, guys. Divergence on Jurik's relative strength and Directional momentum is crossing the median. We might be starting to draw a new zigzag in which event we are able to map potential goals before reassessment. There are two potential goals here, at which stage I will reassess the state on this stock. We are not in the business of getting every prediction...
You can buy DNN target 2 stop loss 1.54 Money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
In the last two waves, we have seen a rectracement towards the .5 fibonacci levels. As of now we are sitting just above. Perhaps we will see a retracement to the drawn level (if we don't continu to rise).
DNN mines look loaded TA shows something is brewing.....
$DNN $DML Daily - Looks like inverse head and shoulder completed its pattern
$DNN $DML Monthly - we are in Uber bullish territory according to Ichimoku Cloud. Next price range is $2.26-$2.41
$DNN $CCJ $UEC $UUUUU $URNM $UEX Nilce bullflag.- nearly through the traffic!
$DNN churning around the flag. Now level-up to the top compartment of the yellow box heading for blue!
$DNN firmly in the bullflag. Coming around nicely tracking on the VWAP... BUt looks like a reasonable chance it will slide down that falling wedge in line with Uranium prices, build up some RSI and away it can go again! It may take off, and if it does that VWAP and waistline become support.
$DNN $DML = price is sitting right on 0.5 FIB RET and strong support. looks like $2.22 by 10/18/2021 #uranium #uraniumsqueeze
Materials and ressources are on the move. Ascending triangle, confirmed. Price target = 3.07$ Stay humble, have fun, make money!