BUY - Paladin Energy Ltd (PDN)
*** GENERAL AVICE ONLY***
Trade Date: 24/01/2024
Recommendation
Entry price: Under $1.23
Target Price: $1.50
Stop Loss: $1.05 (10% Trailing stop)
Rationale
MPC have been bullish Uranium stocks for a few months and have taken profit on the most recent push. It looks like the current pullback is starting to be supported, so time to re-enter today with Uranium doing well overnight. Buy PDN under $1.23
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.