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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: MrsNose who wrote (1302)3/24/2001 2:55:40 PM
From: Al Collard  Read Replies (2) | Respond to of 11802
 
Hi Margie,

Your in with DEN-t @$.13 for 76,923 shares.

Chart for Denison Mines Limited(DEN-t):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Looking at the chart of DEN we can see the stock had good volume last week and is now trading near it's 52 week high. The double doji candle pattern from Thur. and Fri. usually implies that a forceful move will follow a breakout from the current price level. The MACD is positive and rising but the stock does appear to be a little overbought. Should be an interesting week for this stock and it does appear to have good support at the $.11 level.

Good luck with this pick,
Al