matt.sulli42
Long

A Second Look At DNN: The Bullish Case (with short contingency)

AMEX:DNN   DENISON MINES CORPORATION
Hello, traders! A busy chart,but hopefully not too confusing. Yesterday, i posted a more or less bearish case against DNN . After taking a second look, i see bullish rsi and stoch . I see a fine example of an elliot wave 8 pattern with the final corrective wave c ending at the 1.618 of wave a. Also, you'll notice the fib retracement and extension together look like an excellent area for confluence and support. After a few days of consolidation, DNN could move upwards and make for nice cup and handle . Then again, only time will tell! do your homework!! Best, Matt
Comment:
more on DNN! it is fantastic stock to look at, what about now ?
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