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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 (20min delay)
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Last
$15.59 |
Change
-0.240(1.52%) |
Mkt cap ! $4.653B | |||
| Open | High | Low | Value | Volume |
| $15.61 | $15.90 | $15.55 | $18.70M | 1.195M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1804 | $15.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.59 | 18497 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$15.60 |
Change
-0.240 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| $15.60 | $15.90 | $15.56 | 212846 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| PDN (ASX) Chart |