PDN has been in our watch for a long time.
Looking from a monthly prospective a possible double bottom is forming.
If the break of the neck line occur we expect over 200% rally from current levels.
The break of that neckline could also be the beginning of the bull rally that the U-Bulls are waiting for years.
In all these years since the last radioactive disaster technology in the industry has improved and become safer. There is a lot to talk regards the U industry.
The world is in constant need for more and more energy and Uranium could be the solution.
Nobody knows what is going to happen in the future but from a trading/investing prospective we want to keep one eye on the industry waiting for a perfect set up.
Looking from a monthly prospective a possible double bottom is forming.
If the break of the neck line occur we expect over 200% rally from current levels.
The break of that neckline could also be the beginning of the bull rally that the U-Bulls are waiting for years.
In all these years since the last radioactive disaster technology in the industry has improved and become safer. There is a lot to talk regards the U industry.
The world is in constant need for more and more energy and Uranium could be the solution.
Nobody knows what is going to happen in the future but from a trading/investing prospective we want to keep one eye on the industry waiting for a perfect set up.