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Denisonmines

Long term investment in $DNNI have longed Denison Mines Corp as a long term investment. As it stands, nuclear energy is the cleanest and most efficient way to produce energy. With all the macro fundamentals, along with the narrative that oil can double from here in the next decade, I believe governments will be forced to look for reliable and high output energy production alternatives. Countries like UK and France are already embracing this source of energy, others will follow. I do not like the valuation here, but since this is a long term investment I am ready to stomach volatility against my position. Risk is 1%. If macro fundamentals change by some miracle or DNN has major changes that may impact business growth I will jump out of the position.
AMEX:DNNLong
by abail
Divergent on Denison Mines Corporation. DNNBearish, guys. Divergence on Jurik's relative strength and Directional momentum is crossing the median. We might be starting to draw a new zigzag in which event we are able to map potential goals before reassessment. There are two potential goals here, at which stage I will reassess the state on this stock. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
AMEX:DNNShort
by Rykin_Capital
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.
AMEX:DNNLong
by AskDrBurt