DML LongDML Long entry - Major target at 4.09 - resistance expected at 2.64. Weekly MA's behind us. Usual stop loss MGMT.
DML trade ideas
Long term investment in $DNNI 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 alternatives.
Countries like UK and France are already embracing this source of energy, others will follow.
I do not like the valuation here, but since this is a long term investment I am ready to stomach volatility against my position. Risk is 1%.
If macro fundamentals change by some miracle or DNN has major changes that may impact business growth I will jump out of the position.
DNN Stock Chart Price Prediction Playing around Just playing around with DNN Stock I am not in trade. Just learning and sharing thoughts. Any negative news could throw off predictions
momentum to the upsideI saw this patern and am bullish, need to find some support at higer levels
Not financial advice
Denison Mines Corp. - DNN. Upward channelDNN chart upward channel, good support level to buy with expect rise to 2.2 $ from current price of 1.7 $.
Convergence with CCI indicator suspected price rise.
Divergent on Denison Mines Corporation. DNNBearish, guys. Divergence on Jurik's relative strength and Directional momentum is crossing the median. We might be starting to draw a new zigzag in which event we are able to map potential goals before reassessment. There are two potential goals here, at which stage I will reassess the state on this stock.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Buy DNN 23/11/2021You can buy DNN target 2 stop loss 1.54
Money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
retracement to 1.88 ?In the last two waves, we have seen a rectracement towards the .5 fibonacci levels. As of now we are sitting just above. Perhaps we will see a retracement to the drawn level (if we don't continu to rise).
DNN DENISON MINES$DNN $DML Monthly - we are in Uber bullish territory according to Ichimoku Cloud. Next price range is $2.26-$2.41
#uranium combo. I love these! #HODL 30%+rip incoming! #bullflag$DNN
$CCJ
$UEC
$UUUUU
$URNM
$UEX
Nilce bullflag.- nearly through the traffic!
$DNN level up in the bullflag$DNN churning around the flag. Now level-up to the top compartment of the yellow box heading for blue!
$DNN if it doesn't BO, might do a bit of sliding here - c/w U308$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 DENISON MINES$DNN $DML = price is sitting right on 0.5 FIB RET and strong support. looks like $2.22 by 10/18/2021 #uranium #uraniumsqueeze
DML.CA: Ascending Triangle, confirmed (58%)Materials and ressources are on the move.
Ascending triangle, confirmed.
Price target = 3.07$
Stay humble, have fun, make money!
DNN DENISON MINES$DNN $DML - Daily, Weekly and Monthly Comparison. Current correction is just a noise. Buy more if you have any dry powder left. #UraniumSqueeze #uranium
DNN DENISON MINES$DNN $DML Daily - breaking $1.26 will get this party started. Added 10,000.00 more shares at $1.04 to my existing position #uranium
$DNN (REQUESTED ANALYSIS - I hold no position)Alright @TradeandGrow so this is what I am seeing...
First of all the nearest support is at 0.93 so if you did want to add a little bit, I would add there... and keep an eye at that level - it might bounce... but if it doesn't...
The next support after that is down at .61 so if there was ever a place to average down that would be it...
There are a few levels under that and I would stick to only adding at support (.32 & .20) I'm not saying that it will go that low, but those would be the levels to watch for...
Next, the RSI is 45 (on the weekly chart) which is good... the LOWEST that it has gone since the crash in march last year is 38.
And lastly, if you think it's going to 1.6 then I found some really cheap December $1 call options... If you trade options I'd take a look at that.
Overall I do like this chart and I'll add alerts to it and follow up.
I hope this helps ☺️ GL
DNN DML$DNN $DML - one more drop and this would be an extreme oversold based on Stoch and RSI. This drop is not as bad as previous from $1.35 level. 20 and dma are still looking ok. IC - cloud is still green but price dipped below. Lagging span on support, conversion line is still ok. #uranium
