Two weeks back PDN brokedown (again), the stock has been coming off for a long time.
However, last week looked to have seen some speculative buying.
Does anyone want to explain what it is I am looking at & why.........you don't have to write a complete essay on last week's bars, just a brief explanation of what you can see & it means......
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I am not suggesting anyone blindly dives into this stock, it is in a really tricky position right now, and although it found 'no supply' today and could bounce a little, I sort of feel that with the Uranium futures still in a nasty downtrend, this may end up being 'preliminary support' overall, and/or the current low may still be washed out or shaken out yet (which might offer a more orthodox entry, for anyone who like speculative small and micro caps).
cheers
