DENBURY RESOURCES LTD (DNR-NYSE): Technical Viewpoint: From a low of $15.10 on Mar 22, 2010 prices rallied, reaching a high of $18.48 on Apr 7, 2010. A decline saw prices pull back, reaching a low of $16.97 on Apr 19, 2010. Another rally saw prices penetrate resistance, closing 4/30/10 at $19.15. Technicals: MACD Index (MACD): A Buy Alert! was given on Apr 30, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $18.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 5, 2010. A P&F upside reversal takes place at $17.50. Summary: Technical indicators have turned bullish. BUY! Denbury Resources Ltd (DNR-NYSE) @ $19.50 Stop: Use a protective stop of $18.13. Denbury Resources Ltd is currently trading @ $19.15 plus $0.73 on Apr 30, 2010. Price Objective: $29.50. Risk/Reward: $1.37 VS. $10.00. Today's Risk Reward Ratio: 7:1