PDN on the weekly bounced off $8.
Initial entry fell through 9.50 PoC and support.
Price broke daily downtrend to follow the weekly uptrend signaling a potential ranging consolidation.
On 1H, price is making inner levels, watching for a retest of 9 for entry, or a break of 11 to confirm direction.
Refer to recent wedge action on FMG, similar weekly drop...
$pdn.ax ASX:PDN
Still just range bound, deviated the big Quaterly level and now trading into the Big yearley level..
pullback almost 33% so far
Plan marked out on chart..
Under, then trigger once back over.. Then a resending back to into green zone..
Not a prediction
#uranium
Two Trigger plans marked out on chart,
1. A push down take liquitity marked in orange and a reclaim of the mide range = trigger 1
2.A fast push into range low and hold the "Big quartely level" = trigger 2
#uranium
#dyl
PDN macro log chart massive broadening falling wedge patten. Technically this has a price target of $10 plus..
This is shear hopium chart designed to induce fomo at the highest level,. haha But what if????
#uranium
Lower TF trade,
trading above the "Range high" marked on the chart.
Came back into range to take stops, shake out longs and fill the gap.
Back above 6.80 is trigger to get long for me,
Target marked on the chart.
back below 6.40 is cut and run time.
Shares 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...
PDN looks to be ready to breakout from a year long consolidation.
Note the inverse HS inside the flag.
Measured target 1.50
97c a key level to watch as is the $1 psychological mark.
XLM 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...
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...
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...
OK OKOKOKOK
Uranium in a freefall? Is it?
So where is the bottom??
$34.40 - see the chart for explanation. I see a big multi-leaf IH&S. Tricky chart ! But there it is. I have seen no better explanation for this chart.
Tips accepted ;)
Recent 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:...
Bottom at 77? bullflag atop LT gradient
Haven't changed chart since Friday, just wanted to emphasise the gradients and add on the extension of the gradient line from previous channel up
