anyone following pdn down??, page-36

I only use technical analysis to help better time entry and exits of trades. The most important thing is identifying whether or not a stock is undervalued and determining if its value will improve in the long run.

If there is potential for improved profitability (increased revenue and/or decreased costs, with opportunities for market growth), then this should be the first consideration in my opinion.

It is also helpful to analyse the sector within which the company operates, followed by potential moves within this sector and the overall market in general. Prices are always relative and many things move...

Once you consider all these factors then you can look to see what opportunities or risks technical analysis confirms or exposes.

Some would say Paladin is crippled but I think that huge potential exists with regards to these factors, making it highly attractive in terms of risk/reward.