PDN has a confluence of support at .69 area with the 50sma tracking at .667. 50sma and 200sma are still bullish. 20ema bearish and acting as a dynamic resistance .76
At the current price and support, I would not look to short PDN considering the 50sma and horizontal support zone. A break of this zone lower, a failed move higher would be my play targeting the 200sma at .48 to 50. A close above the 20ema with volume will change my view on shorting using this scenario.
50c party, page-303
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Last
$7.29 |
Change
-0.050(0.68%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.47 | $7.14 | $32.63M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9130 | $7.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 7340 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |