Paladin has been working it's way down to support at 3.65.... Watching it on Level II, you can see the indicision. I have been tracking it on StockCharts using time frequencies of 10 minutes on the low side to 60 minutes on the high side.
A normal candle chart in the daily configuration says quite clearly more downside to come, but often a bounce takes place without turning the indicators on a daily chart.
This 60 minute chart looks bad for support and if it gives, the next level is just under 3.00... The indicator below is an indicator that is best read as the underlying trend and it shows some pretty serious downward pressure.
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
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