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Paladin Energy Ltd PALAF

Energy
Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership of the world-class long life Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its exploration projects include Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada. It has a 100% interest in the Manyingee Project. This project is a sandstone hosted uranium project consisting of 41 Mlb across two deposits. It wholly-owns a project comprised of three promising uranium exploration sites in Queensland.


OTCQX:PALAF - Post by User

Paladin Energy Ltd
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Comment by Tooton Mar 20, 2009 9:33am
471 Views
Post# 15858219

RE: Toot......

RE: Toot......I see the chart pattern..... it's by the book... thanks for the post... it was educational and that pattern is very productive at times and in return I would like you to put that StochRSI 140 into your chart from now on, and back test it against any strong up trends you may be aware of.

The stocks need to be solid fundamentally and they need to be coming out of a consolidation...

StochRSI 140 isn't sensitive to backfills or pops....... it is an indication that supply is short and demand is high so that any dips or pullbacks have a high chance of reacting with solid bounces off dips. You must use default settings on supporting indicators such as stochastic, for instance 15,5,5  or 14,3,3 and the buy signals on dips become rather solid adventures.

If there ever was an overbought continuation, buy the dip indicator... you have it now.
Bullboard Posts
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