"charts indicate a very sharp correction soon - way over valued"
How so? Says who? On what basis?
My chart shows a nice steady uptrend, all the MAs evenly spread and running parallel, all indicators just cruisin' along, and absolutely no sign of a parabolic blow-off top. So I really don't know where you get the "indication of a very sharp correction" from.
And overvalued on what grounds? It's value is what the market will pay for it - no more, no less. So, it's really just your opinion, and that counts for zip.
Nope - PDN is in a nice steady uptrend having popped up out of that ascending triangle that kept nudging the $9 mark, and will continue to show the usual ups and downs of a nice uptrend for some time yet, I suspect.
And with the Cameco Cigar Lake having just been taken out of the uranium supply equation a couple of hours ago (for 5 - 7 years), I think ALL the uranium stocks will go up. And of course PDN is now a producer, so it's perfect timing for them:)
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Last
$12.54 |
Change
-0.110(0.87%) |
Mkt cap ! $3.770B |
Open | High | Low | Value | Volume |
$12.47 | $12.71 | $12.47 | $12.93M | 1.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1823 | $12.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.55 | 5249 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 2460 | 12.540 |
12 | 2350 | 12.530 |
12 | 8701 | 12.520 |
11 | 6565 | 12.510 |
17 | 13202 | 12.500 |
Price($) | Vol. | No. |
---|---|---|
12.550 | 4813 | 34 |
12.560 | 5106 | 28 |
12.570 | 3675 | 18 |
12.580 | 4303 | 10 |
12.590 | 4215 | 8 |
Last trade - 14.40pm 22/07/2024 (20 minute delay) ? |
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