I really like the uranium sector right now
DNN 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.
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.
Nota
With the break below 1.20, watching the trend line to hold
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.