Get started
wildbore88

Denison Mines - Consolidation/slight uptrend near channel bottom

Long
DENISON MINES CORPORATION (TSX:DML)  
wildbore88  
TSX:DML   DENISON MINES CORPORATION
Trend Analysis DML mining
5
0
trendanalysis dml mining
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.