Paladin Energy Ltd - Potential for Long Term Entry

Paladin Energy Ltd - PALAF

✅ 25% increase since first shared.
✅ Red Circle pattern may repeat
✅ Above 200 MA
✅ Breakout of Parallel Channel
🎯 Target here is undefined, the plan would be to ride the 200 day until it is definitively broken.

I have not entered this trade yet but considering an entry at the 200 day SMA at 0.66c for a small position. This is a longer term play and would require patience. I may add a position here later today. TBC.

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paladinenergyPALAFParallel ChannelTrend Analysisuraniumminers

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