has it bottomed out?, page-73

hi Burnett

just saw your post on the BBG thread so here is a chart for you...

nothing much i can say, other than PDN has obviously had some bad luck of late... steady downtrend channel, although the one thing that catches my eye is that the volume is also decreasing (this would indicate that the trend is slowing imo)

i'll keep an eye out for a bounce in the MACD which could signal a long trade entry for that bounce... it will happen, the tide always turns, its just a matter of when... it may even come similar to the recent CDU spike where you get a lot of buying in a single session, then revert to the downtrend...

again, i have no idea about the fundamentals of this company, other that its involved in uranium... i'll keep an eye on this one for the time being!