"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:)
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Last
$12.52 |
Change
0.100(0.81%) |
Mkt cap ! $3.715B |
Open | High | Low | Value | Volume |
$12.45 | $12.54 | $12.26 | $6.959M | 559.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 630 | $12.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.53 | 573 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 586 | 12.460 |
8 | 3058 | 12.450 |
9 | 2268 | 12.440 |
7 | 7633 | 12.430 |
6 | 1778 | 12.420 |
Price($) | Vol. | No. |
---|---|---|
12.470 | 738 | 9 |
12.480 | 2122 | 10 |
12.490 | 4420 | 9 |
12.500 | 3401 | 5 |
12.510 | 8342 | 6 |
Last trade - 11.16am 28/06/2024 (20 minute delay) ? |
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PDN (ASX) Chart |