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Denison Mines Corp. (AMEX:DNN) has been on my list a few times and it is back on for next week. On Friday, the stock made a new 52-week high on heavier than normal volume, breaking out to the upside. With the stock setting new highs, there is no overhead resistance to slow further moves to the upside. DNN is worth watching on Monday, especially if the market shows strength. Resistance is $3.31. The technical daily chart also looks pretty good as the golden cross has formed early September, RSI is around 73 slightly overbought, but bullish and MACD is above 0. There could be profit taking as DNN seems to rise too quickly in a short time. However now that the stock is in breakout mode, we should see the trend continue to be upward. Keep DNN on your radar for Monday’s trading session.
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Uranium Resources, Inc. (NASDAQ:URRE) has been one of the stronger stocks the past week and is setting up for another move. The stock traded 3x normal volume on Friday, as the stock closed up $.34 on the day. The resistance level is now located at$3.25, which was Friday’s high and expect to see follow through once the stock breaks through. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line. URRE has potential for a good upside move, so watch it closely next week.
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Uranerz Energy Corp. (AMEX:URZ) closed up on Friday at $3.85, and it appears ready to make another big run. I'm using the Nov 9th high of $4.13 as resistance. Once URZ breaks through, we should see a heavy increase in buying. Stay tuned !!!
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Other stocks to watch :
New 52-week High stocks
DLM - DEL MONTE FOODS COM
Q - QWEST COMM INTL INC
EBAY - eBay Inc.
TTM - TATA MOTORS LTD ADS
AMZN - Amazon.com, Inc.
MWW - Monster Worldwide Inc
NFLX - Netflix, Inc.
SLB - SCHLUMBERGER LTD
GES - GUESS INC
UEC - Uranium Energy Corp
CRM - SALESFORCE.COM INC
VSH - Vishay Intertechnology
FFIV - F5 Networks, Inc.
TQNT - TriQuint Semiconductor
BEXP - Brigham Exploration Co
SWKS - SKYWORKS SOLUTNS
ICO - INTERNATIONAL COAL
MJN - Mead Johnson Nutrition
HYC - HYPERCOM CORP
LLTC - Linear Technology C
FDO - FAMILY DOLLAR STORES
STV - CHINA DIGITAL TV
Earnings Announcements for Monday
Beacon Roofing Supply Inc. - BECN
Cascade Corporation - CASC
CHINA BAK BATTERY INC - CBAK
CHINA FINANCE ONLINE CO - JRJC
CONNECTICUT BK&TR CO HART NEW - CTBC
Culp, Inc. - CFI
Deswell Industries - DSWL
EXPRESS INC - EXPR
Female Health - FHCO
First Security Group, Inc. - FSGI
Flow International - FLOW
G-III Apparel Group - GIII
GUSHAN ENVIRONMENTAL ENRGY LTD - GU
Inergy, L.P. - NRGY
Innsuites Hospitality - IHT
Isle of Capri Casinos - ISLE
Jos. A. Bank Clothiers - JOSB
Kewaunee Scientific - KEQU
Landauer - LDR
LRAD Corporation - LRAD
Mesabi Trust CBI - MSB
NASB Financial, Inc. - NASB
NEW GENERATION BIOFUELS HLDG - NGBF
PATRIOT TRANSN HLDG INC - PATR
REX American Resources Corporation - REX
SeaChange International - SEAC
Smith & Wesson Holding Corporation - SWHC
Tech/Ops Sevcon - TO
The Pantry Inc. - PTRY
Thor Industries - THO
Versant - VSNT
Vicon - VII
Village SuperMarket - VLGEA
VIMICRO INTERNATIONAL CO-ADS - VIMC
XETA Technologies - XETA
Zoltek - ZOLT
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
As always, good luck !
AC
Labels: DNN, URRE, URZ