PDN 6.15% $13.98 paladin energy ltd

weve had the pull back into the bolls which was probably a good...

  1. 1,032 Posts.
    weve had the pull back into the bolls which was probably a good 95% chance.

    I was hoping support @ .52 would come which was the high from the original breakout from the bottom @ .38 (note the 38% fib)

    obviously that did not come, and the next best was .50 as its a nice number also (note the 50% fib) ....as the 38% fib caught the bottom and the 50%fib was resistance on the way up, its now acting as support, thats good news.

    with todays candle forming a shaved top (minor reversal candle) on the 50% fib @ .50 cents gives reason for some upside from here.

    indicators look sold down and assuming we can get through the magic .52 area we may see some upside.

    much better now, looking good.
 
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