Your commentary is basically saying this is a stock with a beta greater than 1 and correlation to market movements.
I respect all your analysis as quite frankly I don’t have the time to do it myself and also not a trader, although I do like reading charts threads for other perspectives.
The way I interpret your commentary over the last 6 months and summarise - everything is linked to macro market moves, unless news surprises on upside or downside. Which is basically what the beta of a stock represents
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PNV
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$1.20

PNV - Chart, page-21372
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Last
$1.20 |
Change
0.030(2.58%) |
Mkt cap ! $825.5M |
Open | High | Low | Value | Volume |
$1.19 | $1.22 | $1.18 | $2.173M | 1.811M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 26000 | $1.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.21 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 26000 | 1.190 |
1 | 2308 | 1.185 |
1 | 10000 | 1.175 |
4 | 25365 | 1.170 |
1 | 10004 | 1.165 |
Price($) | Vol. | No. |
---|---|---|
1.205 | 10000 | 1 |
1.210 | 24018 | 4 |
1.215 | 13379 | 3 |
1.220 | 16190 | 2 |
1.225 | 2000 | 1 |
Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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