TradingView
RogueCleaner
Jul 20, 2020 8:12 AM

PDN getting close to a buy Long

PALADIN ENERGY LTDASX

Description

lets see if this dog can finally have its day.
lost 98% of my shares to creditors last time.
gotta make my $ back mofo

Comments
sisu88
Do you expect it to test major support again and fill gap?
lonelyOrange57928
Ouch! Good luck getting it back. Trade the chart, not the emotions though...


Looks like a inverse HS formed from late april. Price is in no man's land, caught between a support and resistance from Aug last yr. If it clears it, it still has quite a big resistance at 20-21 cents.
Volume shows somewhat heightened activity.

Right now at 0.14, I'd have to set my stop under the most recent low around 0.08, not worth it for a 0.16 TP.
Possible entry would be if it bounced off 0.16, retested 0.125 buy-in, SL 0.10, TP 0.20, for a 3:1

What do you think @RogueCleaner?

Disclaimer: I know nothing of mining.
RogueCleaner
@lonelyOrange57928, checked my 2Week chart... price is still in a consolidation triangle. ... waiting for this break out to confirm another entry. uranium will have its day like all commoidities
Tristan73
@RogueCleaner, fundamentally is Paladin a strong company sir??....i have done some research but maybe compared to others in the space like Cameco or ISOenergy how does Paladin stack up do you think??
RogueCleaner
@Tristan73, everything is reflected in the price. fundamentals do not always matter. look @ TSLA
More