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Denison Mines Corp. Message Board

  • db30373 db30373 Mar 13, 2013 4:21 PM Flag

    Stock closed above the 50/200 moving avg today.

    Can we climb higher tomorrow supported by high volume?

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    • Technically looks good, tho with highly speculative positions, I tend to add/trade into moves, and then keep some remaining shares, so I have some profit, along with the smaller amount I may (or may not) hold longer term.

      Not impossible the uraniums are in the process of turning around. Have tried to trade into long positions for several larger and smaller stocks, keeping only smaller amounts. A few profitable trades, but many were not...since the turnaround did not occur.

      This time looks different.

      CCJ is well off lows. Many tiny uraniums have been retesting lows and are perkin' up.

      DNN is at the 50ma/200ma and had slightly higher than average volume.

      The market tends to look at least 6 months ahead. We know for a fact that more and SAFER and CLEANER reactors are planned worldwide, esp in China, India and the Middle East.

      I'd rather try to trade into position for that multi-DECADE move right now, perhaps a little early..

      than be chasing the train after it leaves the station.

      Peace Energy

      Agape ~

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