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PDN

Shares - ASX - Paladin. Ascending triangle get longShares ASX - Paladin. Paladin appears to be bottoming out. Possible double bottom. So we have a reversal pattern as a starting point. We then started forming an ascending triangle with resistance at 0.66. RSI on the triangle is stronger suggesting the triangle should breakout to the upside. We have a dragonfly doji recently also suggesting bullish price action. RSI is higher as the triangle forms. Volume is low as the pattern forms especially on the sells. STO has dropped to 14 on the recent low so it is primed for a bounce. Entry. More risk adverse traders would enter on the break up of the 0.66 range. Less risk adverse traders enter at the bottom of the ascending triangle. Pretty much now. I bought now. Target 1 is 0.75. Stop loss 0.57. Current price is 0.615.
ASX:PDNLong
by thecryptochart
$XLMUSDtXLM is currently trading around range low marked on the chart. My Trigger plan for this is a breakout of the falling resistance and a relaim of the 2021 Low. This would mean a deviation of the 2021 low and would be bullish imo. My targets are market o the chart are are essentially the Mid range and Range high. If it dosent break out above the falling res and reclaim the 2021 low then i have no interest. patience patience is the key here. size it right so it it fails you don't get wiped out or take heavy loss.
by gillman_hugh
2
$PDN Paladin Energy PDN Formed a nice macro Bull Flag that broke out and trapped a lot of traders as it turned out to be a fakeout. These Breakout traders have since puked their positions on the fake breakout. PDN then broke support and ranged under the OCT 2004 ATH. This looked like PDN was breaking down and about to go lower.. Exactly whaty a big Hedge fund would want you to think if they were building a position. they are hunting for liquitity imo. Im bullish here for the following reason. 1.Reclaim of 2004 ATH acting as resistance. 2.Stoch in an area that tends to have a high probability for long setup 3.Small but Bullish Divergence on MACD. A nice clean break and hold above 720 may start the next leg up on this stock
ASX:PDNLong
by gillman_hugh
The rotation of money Here's how I know there will be an inevitable rotation of money by this chart I made. The world has over-invested in technological advancements for a very long time. This was much needed to shape the world we live in today. The whole world was built on stable sources of reliable energy such as fossil fuels and oil to allow these technological advancements to grow. Combine that with lower interest rates and inflating the money supply and you have an overshoot of investment in the technological space- IMO crypto was the last projection of these technological investments. We are now in a world of climate change, energy shortages and inflation. Usually, the biggest problems that humanity faces are normally the best investments. I have compared major players on the ASX that are in a prime position in the LNG and Uranium space. Let's see how they could perform in the next couple of years. Australia is in a good position to help export energy and raw materials to help other nations reach the carbon emission goals.
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by AxeCapp
96
PDN - Potential Head and Shoulders - short term shortRecent Uranium price increase has helped raise the PDN much more rapidly to 116% from 1st September (0.52c and touched $1.12 on 16th September) However the recent sell off from 1.12 to 0.85c has formed the head and shoulders. This leads to a potential short term opportunity to short the stock. Today's close: 0.85c Potential target: 0.535 to 0.485 Disclaimer: This is not a financial advice. DYOR. And stock can react in any way with broader market sentiment. This is just for education or entertainment purpose.
ASX:PDNShort
by rav55
PDN T.A.PDN has been in our watch for a long time. Looking from a monthly prospective a possible double bottom is forming. If the break of the neck line occur we expect over 200% rally from current levels. The break of that neckline could also be the beginning of the bull rally that the U-Bulls are waiting for years. In all these years since the last radioactive disaster technology in the industry has improved and become safer. There is a lot to talk regards the U industry. The world is in constant need for more and more energy and Uranium could be the solution. Nobody knows what is going to happen in the future but from a trading/investing prospective we want to keep one eye on the industry waiting for a perfect set up.
ASX:PDN
by TheTechnicalAnalysts
1