Denison Mines Corp
Panjang

Asymmetric Triangle for $DNN

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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.

Penafian

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