PDN 3.25% $9.83 paladin energy ltd

THE SQUEEZE IS ON, page-362

  1. 996 Posts.
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    My personal opinion is looking at the chart below of PDN over a number of years

    https://hotcopper.com.au/data/attachments/4792/4792250-a36eaaad8122cc91119d747ac8adb3ec.jpg

    The chart inset represents past history of the company with caveat that there was a consolidation. So the final position of the inset graph is $0.82
    Current price is $0.845.

    My gut tells me it will climb a little more. But the patterns show a chance it could fall before the end of the year. Trend is definitely upward after its downward trend to mid-50s.

    My opinion is that it will climb further very short term. Maybe $0.88. If it goes to $0.90 it could keep going up to over $1 and beyond. The cyclical pattern is well established. It could go back to mid-70s (around mid-November) and then climb again. It could get really shorted and maybe even fall to mid-50s depending on how the traders want to do. Its hard to say definitively. Uranium seems to be a big winner at the moment in the markets. PDN has had good updates and news. Its flavour of the month. If I had been able to buy more at $0.55 I would have. I would buy more at $0.78 if I could. You MIGHT get it back to $0.78. AS you can see from the graph I was able to buy in at very low SP and added more once it reached over $1 and subsequently at intervals.I'm also free carry and safely below any possible SP crash.

    Look at the graph. what do you see?
 
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Last
$9.83
Change
-0.330(3.25%)
Mkt cap ! $2.940B
Open High Low Value Volume
$10.16 $10.20 $9.83 $27.91M 2.793M

Buyers (Bids)

No. Vol. Price($)
1 15 $9.83
 

Sellers (Offers)

Price($) Vol. No.
$9.90 470 1
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Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
PDN (ASX) Chart
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