chart, page-2

TK, I dont normally follow Paladin, so dont have much of an idea of fundamentals etc.

But Paladin came up in a scan based on the ascension of the uptrend.

My take technically, the price action is at a cross road.

5.45ish is the 23.6% fib retracement from the 10.80 high on the 10/4/07 and the 3.80 low on the 22/1/08.

MACD, RSI all have potential to move upward from here possibly to 38.2% retracement

BUT if you draw a trendline from along the peaks of 7/12/07, 4/1/08, 29/2/08, 5 & 6/3/08 they meet at around 5.45.

I believe that tomorrow will determine whether the stock tries to push to the 38.2% fib level and possibly above or it will meet the rising trendline to form a higher low somewhere near 4.25ish.

Alternatively, a push through the 38.2 fib level could reach the downtrand line from the peak on the 10/4/07 & the 7/11/07.

Just my thoughts.

I will wait to see tomorrows price acxtion before entering a trade either short or long.