Denison mines monthly Elliott wave projectionProjection based on Elliott wave analysisLongby heshamahli6
DNN - Uranium mining company with an amazing R/RThis small cap is a very speculative play, but the R/R makes me want to get involved. Nice setup confirmed by a bullish RSI signalLongby JibasJr5
DNN1. 20DMA is crossing 50DMA in a downtrend pattern. 2. We are sitting right at the support line and Stoch indicator stating that we are in an oversold territory 3. Uranium sport price is not increasing while is the reason why we have recent sell offs plus red market is adding more pressure. It is very tempting to sell and buy at a lower price but one never knows when spot price and market will turn around. Next thing you know the move to an upside is way too fast and you enter too late. Patience is the key here. I personally do not want to be among thousands of other buyers trying to enter into a tiny door. Music is playing and one of the utilities won't have a chair to sit on. We need patience and good luck Longby AskDrBurt118
Asymmetric Triangle for $DNN My last prediction held steady; we saw a breakout near when predicted (see related ideas). However, it met resistance at $1.32 and fell again, coupled with $CCJ announcing the reopening of Cigar Lake, which took the entire sector down a few percentage points. However, the lower-half of the triangle held strong. This brought forth a new pattern, which is ironically more bullish. I expect price to gradually more to $1.30, with fluctuations of course, until we can finally break resistance in late May.Longby UnknownUnicorn17364062114
DNN Dennison MinesBreak out will depend on a U3O8 spot price and market conditions. Since Cameco had announced an emergency restart due to very low inventory of available metal and their contractual obligations it is just a matter of a very short period of time b4 spot price will start moving up North. DNN will be one of the lowest cost producers when they start mining. This temporary holt in a price advance in all uranium miners is just an opportunity to buy more if one has more dry powder left. Patience here will certainly pay off. My target price still remains the same - overshoot to about $2.70 when FOMO kicks in and it will settle between $2.00-$2.20 I would not jump in and out trading - the sudden move in this sector will leave you behind very quick. Good luck.Longby AskDrBurt13
Denison Mines / Next leg higher... (Entry point)Added to my position yesterday at 1.10 USD hoping for a bounce back and continuation of the bull run...Longby rantanpl111
I really like the uranium sector right nowDNN looked like it was forming a bullish pennant, but it had a huge retracement so it was a little iffy. Now it looks like its forming a ascending triange. Its also sitting right on top of fibonacci support, and i think if we hold that, it'll push the price to breakout of the triangle. Its had good volume on these breakouts and nice consolidation at lower levels. I think technical analysis means a little less when it comes to penny stocks, especially with such huge retracements, but I believe in this company long time and the uranium sector is picking up steam and getting a lot of good press. Longby Mailbox27Updated 331
Cup and handle DNNIt seems there is forming a nice little cup and handle. Very important too break the key level 1.33 to make sure the upward trend continues. Longby mercifulBear930132
triangle triangle triangle triangle DNN slowly and quietly doing crazy great things if the triangles hold up could %80 to %105 imo a company i'd hold for a while with free sharesLongby nah02
Denison Mines, Blowing MindsDNN, 4h, This right-angled consolidation contains some scrubby harmonics excluded, so the headline here is the formation of higher lows on all 3 momentum oscs - MACD, RSI & Stoch - while the asset has held $1 essentially during. Continuation inferred by the Class B bullish divergence across the trio coupled with seller exhaustion makes a break of the 1.32 region critical for upside targets, so a formidable entry nearer the current range ensures proper R:R of 3.45/ 4.95 / 6.8. Our recent high serves as the first of the 3 overhead Fib targets with a break of the present range below the 0.382 retracement.by WhoLetTheBullsOut-Updated 2
DNN: Bullish Flag (86%), Bullish pennant (92%)Primary Target (short term): Bullish Flag, confirmed (86%) PT = 1.98$ Secondary Target (Long term): Bullish pennant (92%) PT = 2.27$Longby LeLaf4
DNN - Quick and easy +~10%This thing has loved tapping and rejecting 1.30. Anything below ~$1.20 is a good buy; set your sell limit to $1.30. If it finally holds above $1.30, the upside will be massive.Longby JerseyStig0
DNN BIG PICTURETHIS IS A MONTHLY ARC SINCE 2008. PERSPECTIVE OF DNN POTENTIAL PRICE TARGET. I BELIVE THAT WE WILL OVERSHOOT $14 PER SHARE THIS TIME AROUND WITH U308 DEFICIT AND HIGH DEMANDby AskDrBurt17171
DNN DENNISON MINESDNN has been holding well the last 4 days. More buyer than sellers but not much. We need to break above the resistance level and then move above $1.30. Ichimoku cloud needs to turn green for an uptrend move. Looking good IMHO. Longby AskDrBurt223
DNN possible target priceUranium sector is consolidating at this point and time and is gaining a momentum for a new move. Fundamentals are strong with 60 millions pounds deficit. DNN will be the largest and resource of U3O8 in the world. Smart move by scooping up physical metal from a market is just accelerating the inevitable. Bullish pennant is just another confirmation that it is ready for the next stage. Possible projection with overshoot price is around $2.7, and most likely will settle around $2-2.2. Also inside of the bullish pennant what appears to be is reverse head and shoulders. Market is ready to fire on all cylinders after JP announcing another 3T of Brrrrrrr money. Good luckLongby AskDrBurtUpdated 111111
DNN Pennant Pattern, early April Breakout$DNN is a long-term hold (see DDs from others), but there is some encouragement in the short term as we are seeing $DNN nearing the end of a pennant pattern. As of writing, the price is dangerously close to the bottom edge. If support is there, we will see significant upward movement in the coming weeks. Arrow is purely to emphasize direction, not PT.Longby UnknownUnicorn173640623
DNN forming a bull flag, good entry to a long term play. Denison Mines is a uranium exploration & development company located in Toronto, Canada. They own 90% of the Wheeler River Project, which is the largest undeveloped uranium project in the eastern portion of the Athabasca Basin region in northern Saskatchewan, Canada. They just raised $86.3m to buy physical uranium as an investment, which is tightening up the already short supply of uranium and further driving up the spot price. And recently, in a press release, Denison announced it was being added to the SP/TSX Composite Index and the addition took place this Monday (3/21), which means there will be some bigger players stepping in now. I think this play has a lot of long term potential. A fast growing supply deficit of uranium and the Green New deal, I think this could play out nicely short term but I'm holding long term. This is not financial advice Longby Mailbox27Updated 224
DNN I am trying out charting and this is my take on DNN. As off today it is currently dipping and trading @ 1.09. It would like your take on the chart and analysis. Longby mercifulBear93013112
$DNN .. looks constructive1.24 and 1.34 needs to be taken out near term target is 1.63 otherwise look at SMA 50 to provide supportby TonyStonk113
DNN possible price action Spot price has reacted to DNN and UEC buying physical metal, currently @ $29.65. If stock price reacts to this tomorrow and we close in green candle above red open on daily then it is a very good sign. Also MACD is about to cross over from red to green.by AskDrBurtUpdated 1