PDN drifting along the macro?.From a weekly perspective, a very slight gain from 973 to 979 this week. Volume moderate and usual..So what is happening? It's playing the macro. Which is not giving a confirmed direction. So it went up to 11, went down to 968, finishing close towards the lows. It was clear U macro play. On strong days, touched 1100 couple of days. On weak macro, looking for cover. It may continue to play that way..Personally I wrote last week my average was 1000. No trades for me this week. So slightly down for now, same as last week.
.So what may happen next week? All eyes on CCJ. As I wrote last week, if it can hold 39/40 level, it's game on. Otherwise talks of protecting capital may come into play. CCJ is at critical juncture. It can go either way. Let's hope its on the up. Enjoy your weekend and all the best.
PDN drifting along the macro?.From a weekly perspective, a very...
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Last
$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B | |||
| Open | High | Low | Value | Volume |
| $11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $11.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.67 | 6642 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |