Denbury Finally Follows Through

Denbury blasted above a 75.30 handle buy point as crude oil prices are at multiyear highs. Technically, the midpoint of the handle was just below the midpoint of the base, but this is clearly the real entry. DEN surged in the afternoon – volume really picked up - first breaking a downtrend and then kept rising. Denbury several times had flirted with being actionable, but then closed poorly. But this was a strong finish

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