PDN 0.81% $12.52 paladin energy ltd

way overvalued, page-2

  1. 5,798 Posts.
    lightbulb Created with Sketch. 95
    "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
$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
Last trade - 11.16am 28/06/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.