$DNN is breaking through the indicated Pivot point (around $1.33) it's nice close that make two target points after nice consolidation - We have two Target Points as showing in the chart, TP1 is short term, TP2 is for long term
To meet TP1, price move has to be followed by bullish candles on Monday (7th June) , if that happens it's a confirmation that we are moving in the right direction - in that way we might touch ATH ($1.8) depends on the price move we might reverse with consolidation or selloff till we reach TP2 (expected EOY or early next 2022)
This stock is a long term move for me, i have entered with an average of $1.19 , Uranium Sector is one of the hot sectors as might be a good way to generate clean energy to combat the move the EVs and oil shortage.
Disclaimer:
I'm not a financial advisor this idea for education purposes only, DO YOUR OWN DUE DILIGENCE PLZ
To meet TP1, price move has to be followed by bullish candles on Monday (7th June) , if that happens it's a confirmation that we are moving in the right direction - in that way we might touch ATH ($1.8) depends on the price move we might reverse with consolidation or selloff till we reach TP2 (expected EOY or early next 2022)
This stock is a long term move for me, i have entered with an average of $1.19 , Uranium Sector is one of the hot sectors as might be a good way to generate clean energy to combat the move the EVs and oil shortage.
Disclaimer:
I'm not a financial advisor this idea for education purposes only, DO YOUR OWN DUE DILIGENCE PLZ
