PDN 0.41% $9.79 paladin energy ltd

Joe & Paleo are obviously both correct - Joe is looking at the...

  1. 172 Posts.
    Joe & Paleo are obviously both correct - Joe is looking at the weekly chart (which is well under the 200-w EMA), and Paleo is looking at the daily chart (which is trading in a nice range, possibly with a mild underlying upward tendency).

    Can either of you guys explain why recently there have been large volumes (10m+ shares) supporting the upward movements, followed by low volume (3m shares) trading downward ? (I prefer it this way, but I can't understand what's going on).
    Even with deliberate misinformation propagated on the weekend, today's 1.5c slide occurred on low volumes.

    Any ideas why ?

    Phil
    Last edited by phil1000: 18/04/16
 
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