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Bullboard - Stock Discussion Forum Denison Mines Corp DNN


Primary Symbol: T.DML

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22... see more

TSX:DML - Post Discussion

Denison Mines Corp > TECH ANALAYSIS ...
View:
Post by Born2Struggle2 on Mar 07, 2022 12:29pm

TECH ANALAYSIS ...

Looks like another cup-handle formed, upside suggested to $2.70 cdn. These don't work all the time, my experience so far 40 -50 % of the time. Also recent approximation of an "abandonned baby" - 50% of the time it also predicts further advances for sure it seems to be a "morning star" formation.

If U and U stocks have truly decoupled from the general market, these things are likely to be better predictors of the future. I'm thinking.

RSI AT 63, positive MACD.

GLTA
Comment by MightyMorf on Mar 07, 2022 1:30pm
DML at 4.50 by end of April is my guess once Western countries ban all uranium associated with Russia even Kazakhastan.
Comment by Born2Struggle2 on Mar 07, 2022 2:55pm
ya, thinkin' if I was a fuel buyer in the US, I would be looking for other sources in an intense fashion right now. This may accelerate the re-starts in Japan as well, other energy sources gonna get costly, just like in the EU. GL2A.
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