I see this as a buying opportunity.
My guess is Cameco disappointed after a big run, so gets sold hard.
It is a large % of the various uranium ETF's so they get sold too which puts selling pressure on all the other constituents.
Everybody steps back and hence a gap down.
Buyers will return, just have to decide which support level will hold.
I see this as a buying opportunity.My guess is Cameco...
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Last
$7.69 |
Change
0.400(5.49%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $7.54 | $7.84 | $7.52 | $38.43M | 4.996M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25000 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.69 | 10674 | 2 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |