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
$11.29 |
Change
0.220(1.99%) |
Mkt cap ! $3.305B | |||
| Open | High | Low | Value | Volume |
| $11.12 | $11.30 | $10.72 | $35.73M | 3.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2110 | $12.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.17 | 86545 | 4 |
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| Last trade - 15.59pm 31/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |