FWIW. The chart on the Uranium spot price is worth analysing too when considering investing in Uranium companies. (I understand PDN sells at contract rate but the spot helps sentiment and paints an overall picture of the supply demand environment). The MACD shows the crossovers making slightly higher lows as shown in the chart with the arrows on the MACD. It could be interpreted as the trend line I have drawn on the MACD suggests that the price is about to make another crossover to the upside. Not investment advice. DYOR.
PDN chart, page-9
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Last
$10.41 |
Change
0.350(3.48%) |
Mkt cap ! $3.110B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.54 | $10.33 | $4.761M | 455.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1931 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.41 | 17 | 1 |
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| Last trade - 11.00am 15/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |