$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
Looks like the PR scramble to spin the deal is going to require a little work. Roger is the man and he's going to get it done, UEX is moving up into a new class of Uranium stocks. Sad that it's been downgraded to .70. I think that will work itself out as the assets start to pay off. Denison as much as I hate them as a company certainly did a number on this thing...
$DNN $DML - daily looks like both downward parallel channels have similarities. If this recent drop follows the same pattern as the previous one hold your hats. Both RSI and Stoch just changed its directions. Let's see how it plays out. #uranium
It appears that Denison mines has been consolidating for a few months at the bottom of a 1 year channel. Could go back to the top of the channel and test .90 cents a share, for a 20% increase from here. Also, with uranium price gradually set to increase, it could break out of the channel and see new recent highs.