"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
$8.33 |
Change
-0.430(4.91%) |
Mkt cap ! $2.490B |
Open | High | Low | Value | Volume |
$8.61 | $8.68 | $8.28 | $23.77M | 2.809M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9135 | $8.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.36 | 2699 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9015 | 8.320 |
3 | 2785 | 8.310 |
1 | 9610 | 8.290 |
6 | 30377 | 8.280 |
2 | 13339 | 8.270 |
Price($) | Vol. | No. |
---|---|---|
8.360 | 2699 | 1 |
8.370 | 5000 | 1 |
8.380 | 287 | 1 |
8.400 | 37126 | 7 |
8.410 | 3729 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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PDN (ASX) Chart |