Traders should now look for long-biased trades in DNN as long as it's trending above its 50-day at $1.19, and then once it sustains a move or close above $1.29 to $1.30 with volume that hits near or above 649,667 million shares. If that breakout triggers soon, then DNN will set up to re-test or possibly take out its next major overhead resistance levels at $1.40 to $1.50. Any move above $1.50 will then put $1.60 to $1.70 into focus for shares of DNN.
To see more stocks that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.
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