"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
$11.05 |
Change
-0.020(0.18%) |
Mkt cap ! $3.246B |
Open | High | Low | Value | Volume |
$11.12 | $11.18 | $10.72 | $18.37M | 1.679M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17 | $11.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.06 | 2300 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 3204 | 11.050 |
12 | 3191 | 11.040 |
14 | 4639 | 11.030 |
9 | 4063 | 11.020 |
8 | 4184 | 11.010 |
Price($) | Vol. | No. |
---|---|---|
11.060 | 1404 | 6 |
11.070 | 3939 | 13 |
11.080 | 1534 | 5 |
11.090 | 4870 | 7 |
11.100 | 4461 | 7 |
Last trade - 12.24pm 31/07/2024 (20 minute delay) ? |
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