meszaros

Before DNN rises...

Long
AMEX:DNN   Denison Mines Corp
Before DNN rises. The exchange rate may break out of the long-running band movement. It is currently building a larger wave structure. This resistance level can be a peak axis at a level of 0.800. Then, corrective motion is expected to reach 0.6360 levels. Then another peak axis and a valley axis in triangular form, a double downward wave structure. This can reach the neighborhood of 0.5850 again. True strength can come from this level. The next rising wave structure can reach the W1 ATR axis, which can be 1 usd level. The primary target is the same as the price.

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