DNN and Uranium EnergyUranium stocks are all hot right now. The only problem is most have a P/E ratio of 100 or higher! Way overvalued!! DNN has a P/E of 26 and a smaller market cap than competitors, so much more room to grow. From a technical standpoint, ascending triangle formation with RSI safely in the bullish zone.Longby FollowTheCoin2
$DNNNot financial advice. AMEX:DNN trying to go to the top of the broadening formation bulls need to step in and confirm. like and subscribe. Thank you.by alex6666662
Denison Mines breaking outDenison Mines is breaking out of its 12 years range on massive volume. The huge demand for clean energy, particularly with AI's exploding growth and needs, means a lot of positive news coming for the nuclear industry. Coupled with the devaluation of developped markets currencies, this could propulse DNN much higher. Next resistance is the $4 area, then there is $8.50 before the all time high around $14. Longby powerintegral4
$DNNBacktesting resistance as support w/ TRV. Stop = Below previous swing low. Target = resistance.Longby Joshh_Tradess0
$DNN Uranium Sector BullOne must exercise due diligence when engaging with the uranium sector. Currently, we are anticipating a scenario in which Donald Trump is elected President in the near term. The global landscape has evolved since his last tenure, and it is anticipated that he will endeavor to further enhance the United States' energy independence. Trump's well-documented aversion to wind energy and his advocacy for nuclear power are likely to bring nuclear energy and its expansion to the forefront of policy discussions in the ensuing years. Denison Mines Corp. ( AMEX:DNN ) stands out as one of the most dynamic entities within the uranium extraction industry. From a technical analysis standpoint, the price trajectory resembles the most significant inverse head and shoulders pattern observed historically, indicating a potential retest of the neckline in the upcoming months.Longby FourApplesADay0
DNN tightening before a move upDNN has been in a strong, upward trend since March. Since that time it has surfed the 10 & 20 MA, occasionally touching the 50. It has been consolidating in the 1.70-1.85 range for a month on above average volume. It just bounced strongly off the 50 MA a few days ago. I think the pressure continues to build as the range tightens if it continues in this variation of a Bullish Symmetrical Triangle. Looking for a move to 2+ if it breaks out in January. www.tradingview.comLongby Capn_VibeUpdated 884
Ratio Trading Example: Uranium, Bulk ShipDennison Mines vs StarBulk Carriers Dennison is a mid-size uranium producer. StarBulk is a mid-size bulk marine shipper (grain, iron ore, coal ,etc.) The two sectors appear counter-cyclical, opening up an opportunity for a pivot between them. The specific equities chosen (DNN, SBLK) show a reasonably good reputation for not diluting shareholders. The ratio trade should work just as well using other equities in the sectors, these are just a couple of my personal favorites. Compression between my high and low lines is 2:1, which means a quadrupling of shares over 1 full cycle (SBLK to DNN to SBLK) - this example swings fairly frequently, 7 times in 8 years - almost one pivot per year. If you bought in mid-2016 with $1,000 and employed a conservative pivot strategy, swinging 100% of your holding exactly at the green ratio bands, your initial $1,000 will have ballooned to $64,000 over the course of 8 years. You'll notice the ratio between these 2 has just tipped into the "pivot" range, suggesting a good buy price for the 2nd equity in the ratio, StarBulk Carriers.Longby thirtydollarsaday6
ProbabilityThis is just a demonstration of how a high probability trade might look like. by SAJK1990441
DNN - Denison Mines -Bullish trends in Uranium 2024 and Beyond Uranium Fundamentals and Thematic backdrop set for bullish decade after many years of muted price action in uranium spot prices. Miners are currently showing capital outlay at prices that are lower than cost of production. (over supply and stockpiles from Cold war and interest in alternative green energies) Denison is a serious player in the space and will be one of the largest mid-level producers once the mines are up and running (after 2025) it has licensed mills / building sites in the "Persian Gulf" of Uranium in the world. Denison name is known to retail investors and speculators but has gone sideways for a year. Bullish posture has maintained and Uranium is now in a position to trend toward $60+ dollars per pound. This means that retail narrative could get involved in Denison just posting this up to see where it is in the future. *****Commodities pump of 2021-2022 was possibly not a fluke but a hint at a longer term trend for the decade******Longby SnarkyPuppy5
DugtrioA wild Dugtrio appeared! No matter how hard the ground is, it can dig up to 62 miles below the surface.Longby FiercePears1
Stock Idea: $DNN (26 Jan 2023)Denison Mines $DNN looks particularly good within the Uranium space. Stock has already broken above downtrend resistance, and broke out from a little base recently. Stock is trading above its 10, 20, 50 and 200 day moving averages, all which had converged recently.Longby TheHermitTrader_1
DNN: Another Uranium ShortDNN has been trading in a Wycoff Distribution structure for well over a year now with declining volume. Shooting Star off the 20W MA followed with bearish continuation should lead to markdown. Shortby CrashWhen113
Cabbage stashWe can see Cabbage stash formation at DNN. The future is dependent of strenght of the Racoon.by FiercePears110
DNN Denison Mines Uranium good for 50% PlUS Pop!! Gas cut off to Europe and sky high electricity means uranium is the ONLY option. Plus, despite Fukushima, Japan is building 4 nuclear plants.Longby allwaysgo4
Sea lionSea lion is sitting at the the beach an patiently waiting for the incoming fish. Fish looks big and tasty, so it should fill his stomach. Now we have to wait if we exit Sea lion through his backbone line or he will just crap us down to the beach.by FiercePears6
DNNIDK still thinking DNN pushes to $2.14 ish b4 an ABC bullish correction and tests the orange U308 futures line. But If U futures dump here then DNN could meet the confluence at lower levels. My bullish bias is supported by the fact that wave 5 seems to be still underway on the daily. Also Weekly & monthly charts still bullish tilt. & also DNN sitting on mid channel support. I continue to think we move higher for now until proven wrong.by Big_Mike716332
The bullish Case for Uranium Yes, Uranium is the next big asymmetric bet. The next big thing. Reallocate to this new thing. 1-2 Years --> 3x to 10x possible. Longby BigBadWolf8800
US Stock In Play: $DNN$DNN - Uranium is the few industry group that you would probably find RS over the last 2 wks of market weakness. $UEC and $NXE have already taken off yesterday from their pivot levels. $DNN currently sits on its VWAP support from last ER, beneath a major pivot. ATR/$ at 7.17% Longby jfsrevg1
DNN DENISON MINESI doubt this set up is going down. With current uranium deficit and recent Russian uranium ban DNN is ready to explodeLongby AskDrBurt224
DML LongDML Long entry - Major target at 4.09 - resistance expected at 2.64. Weekly MA's behind us. Usual stop loss MGMT. Longby tradersteve22Updated 221
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. Longby abail8