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gLloW
Oct 18, 2019 5:03 PM

DNR - Maybe more down, but uptrend is approaching Long

Description

There is strong bullish div on the weekly wave, I expect a longer term uptrend to begin soon. It currently is floating at the $1 area, but there has been support at $.085 four times since 1999... I expect DNR to push below $.085 before making an uptrend, maybe even into the 0.070s... I have come to believe that price supports points are used to scare people out of a stock (resistance points do the opposite)... once $0.85 is broken, there will a quick sell off, but I believe it will be a buying opportunity bc it is going up after that. We'll see... I wouldn't be surprised to see it just starting to go up from here, but I'm waiting for sub $0.85.
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