The charts for PDN clearly show that this stock has been making lower highs and lower lows for the past two years.
In other words, it can't find any support that will hold and when it does rally it fails to reach the previous high.
Not good action.
The predicted target of $1.50 could be conservative.
If however, you are trading this stock or are a short term holder, buying somewhere between $1.60 and $1.50 in this current down leg, could reap rewards if and when the bear rally comes.
looking volatile target $1.50, page-13
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Last
$9.37 |
Change
-0.420(4.29%) |
Mkt cap ! $2.802B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.73 | $9.33 | $25.98M | 2.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $9.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.37 | 7986 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |