Denison is just one name that has very nice structure to it that signals a big up move. I am long Denison, WSTRF, FCUUF
Before DNN rises. The exchange rate may break out of the long-running band movement. It is currently building a larger wave structure. This resistance level can be a peak axis at a level of 0.800. Then, corrective motion is expected to reach 0.6360 levels. Then another peak axis and a valley axis in triangular form, a double downward wave structure. This can reach...
DNN is the next downward wave. The exchange rate has ended the waveback correction (AB) wave. I expect a new drop wave from 0.4882 levels. The down arrow (BC) target price is 0.3226
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...
Good day, traders. this gives you the bearish continuation price, as well as bullish profit for the intermediate term. let me know your thoughts! as always, best Matt
see notes first below-follow junior rules-percent r upper range-obv good-aroon crossed-stoc crossed
A penny stock worth watching. Watch Fibonacci and 200 day SMA line for further direction.
Previously posted a chart showing a longer play in the Big Picture of Denison Mines. Here's a short play I noticed a day or two ago and figured I'd share it with everyone. It looks like there's resistance @ 1.27, with 2/3 recent, failed break attempts, including the last candle from Friday's trading day (5/24/2013). Friday's candle takes up its entire space in the...
Today posted a Gravestone Doji. Along with most other Dojis, they usually appear at market turning points. This one has appeared on a down leg, during an up trend. With the past couple of days we've had in the market, I hope all this technical stuff will hold true, and the cards show the Bulls fighting to turn the market.
Looks as if DML (DNN in the real market) has a wedge formation / Downward Wedge going on. I've been watching this stock for a little while now, and I don't think it hasn't found the floor yet; still have some time before we level out, consolidate and break out. From the lows, highs, and trend lines I drew to indicate the pivot points you can see where there are...