PDN 1.76% $10.88 paladin energy ltd

way overvalued, page-2

  1. 5,800 Posts.
    lightbulb Created with Sketch. 96
    "charts indicate a very sharp correction soon - way over valued"

    How so? Says who? On what basis?

    My chart shows a nice steady uptrend, all the MAs evenly spread and running parallel, all indicators just cruisin' along, and absolutely no sign of a parabolic blow-off top. So I really don't know where you get the "indication of a very sharp correction" from.

    And overvalued on what grounds? It's value is what the market will pay for it - no more, no less. So, it's really just your opinion, and that counts for zip.

    Nope - PDN is in a nice steady uptrend having popped up out of that ascending triangle that kept nudging the $9 mark, and will continue to show the usual ups and downs of a nice uptrend for some time yet, I suspect.

    And with the Cameco Cigar Lake having just been taken out of the uranium supply equation a couple of hours ago (for 5 - 7 years), I think ALL the uranium stocks will go up. And of course PDN is now a producer, so it's perfect timing for them:)

 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$10.88
Change
-0.195(1.76%)
Mkt cap ! $3.246B
Open High Low Value Volume
$11.12 $11.18 $10.79 $6.557M 595.1K

Buyers (Bids)

No. Vol. Price($)
15 1555 $10.87
 

Sellers (Offers)

Price($) Vol. No.
$10.88 568 4
View Market Depth
Last trade - 11.05am 31/07/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.