Paladin Resources Limited – Still a Buy

by JDH on November 25, 2006

Recommendation: Buy

I like this chart. The multiple highs at $4.50 in April, May, September and October have been exceeded, so this was a strong buy at the end of October.

The uptrend lines are holding, volume has been increasing as the stock has risen, and the MACD looks good, so Paladin is still rated as a buy.

pdn.JPG

{ 0 comments… add one now }