TK, I dont normally follow Paladin, so dont have much of an idea of fundamentals etc.
But Paladin came up in a scan based on the ascension of the uptrend.
My take technically, the price action is at a cross road.
5.45ish is the 23.6% fib retracement from the 10.80 high on the 10/4/07 and the 3.80 low on the 22/1/08.
MACD, RSI all have potential to move upward from here possibly to 38.2% retracement
BUT if you draw a trendline from along the peaks of 7/12/07, 4/1/08, 29/2/08, 5 & 6/3/08 they meet at around 5.45.
I believe that tomorrow will determine whether the stock tries to push to the 38.2% fib level and possibly above or it will meet the rising trendline to form a higher low somewhere near 4.25ish.
Alternatively, a push through the 38.2 fib level could reach the downtrand line from the peak on the 10/4/07 & the 7/11/07.
Just my thoughts.
I will wait to see tomorrows price acxtion before entering a trade either short or long.
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Last
$11.18 |
Change
-0.250(2.19%) |
Mkt cap ! $3.342B |
Open | High | Low | Value | Volume |
$11.66 | $11.66 | $11.18 | $25.19M | 2.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8339 | $11.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.24 | 800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8339 | 11.170 |
2 | 6905 | 11.160 |
1 | 1000 | 11.150 |
2 | 7243 | 11.140 |
1 | 8228 | 11.130 |
Price($) | Vol. | No. |
---|---|---|
11.240 | 800 | 1 |
11.250 | 600 | 1 |
11.270 | 6705 | 1 |
11.280 | 18044 | 4 |
11.290 | 10129 | 2 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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