Thanks for the comments and thumbs guys. Has been a good couple of days for PDN after it was smacked down after what I thought was a decent ann. I think the shareprice was 1.80 when the ann came out so we are almost back to where we were.
Most importantly today the price broke and closed above the trendline drawn from 194.5 on Feb 7. This is on all timeframes up to the daily. It closed above the 15EMA on the daily chart for the first time in 5 days. I would have liked to see some more volume on these last 2 days though. Stochastics are turning back up.
Also the breakaway gap 156-159 from Jan in fact held which is a bullish sign.
On 10 min charts 15/50 cross still holding nicely with the price respecting 15EMA and Parabolic SAR all day. The price also broke above the 200EMA on this mornings open. Golden Cross on the 10 min this arvo.
On 1hr chart SAR was broken on open this morning and price is back over 50 and 200EMA. Stochastics showing overbought.
The price gapped up last Friday (breakaway gap maybe) and then again this morning. Horizontal support/resistance at 174/177/180. Has moved up 15c over the last three days so consolidation with some volume around this level would be good. Dow holding onto its gains well at this point.
Goodnight all. Peace.
short term investors. get the hell out now!, page-33
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Last
$13.99 |
Change
0.010(0.07%) |
Mkt cap ! $4.182B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $14.02 | $13.62 | $27.61M | 1.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.00 | 5278 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |