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....
Denison Mines is a uranium exploration & development company located in Toronto, Canada. They own 90% of the Wheeler River Project, which is the largest undeveloped uranium project in the eastern portion of the Athabasca Basin region in northern Saskatchewan, Canada.
They just raised $86.3m to buy physical uranium as an investment, which is tightening up the...
