"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
$13.60 |
Change
-0.205(1.49%) |
Mkt cap ! $4.063B |
Open | High | Low | Value | Volume |
$13.64 | $13.76 | $13.52 | $6.245M | 458.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1294 | $13.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.60 | 980 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 1969 | 13.570 |
19 | 8618 | 13.560 |
9 | 3354 | 13.550 |
11 | 6949 | 13.540 |
6 | 33482 | 13.530 |
Price($) | Vol. | No. |
---|---|---|
13.580 | 2128 | 23 |
13.590 | 2006 | 12 |
13.600 | 3963 | 15 |
13.610 | 4129 | 10 |
13.620 | 5591 | 7 |
Last trade - 15.36pm 16/07/2024 (20 minute delay) ? |
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PDN (ASX) Chart |