Paladin is having a bout of consolidation. Being that it has such a large float, it is prone to large trending swings with lots of volatility within a larger movement.
The price has entered a consolidation phase that has been whipsawing many investors during a traditional volatile time in the market. Having been exposed to tax loss selling and now exposed to the January effect, hopefully should show signs of entry potential.
Technically analyzing PDN suggests it is approaching a higher low and will take the final move to range or recover soon. Paladin has yet to bounce out of the consolidation as Paladin.TO 7 Tools of the Trade demonstrates.
7 tools of the Trade (compliments of Investopedia.com)
Paladin is considered a hot watch contender with long term potential to be a roller that is prone to Technical analysis that when practiced with discipline will provide superior swing opportunities.
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
Please read our Complete Disclosure
No comments:
Post a Comment