overbought now could fall Sorry to be a party pooper and spoil everyone’s celebrations however I kind agree with 15979 in the short term at least.
I have bought PDN in the past for under 10c and sold around $1.50 so did quite well, but in the short term atm it is now very overbought and should have some correction even if short lived.
I am think somewhere around $1.70 to $1.90 on my chart anyhow not sure if or when it will happen but if it does and I am right I will buy some, if I am wrong I have lost nothing and will wait for the next correction before I enter.
Either way a pullback is very close I feel.
!!! breakout alert !!!, page-28
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Last
$11.07 |
Change
-0.005(0.05%) |
Mkt cap ! $3.246B | |||
| Open | High | Low | Value | Volume |
| $11.12 | $11.18 | $10.72 | $23.45M | 2.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 7363 | $11.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.07 | 3827 | 14 |
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| Last trade - 13.44pm 31/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |