Alpha Portfolio Recommendation: Take Profit – Paladin Energy Ltd (PDN)

Take Profit - Paladin Energy Ltd (PDN)

*** GENERAL AVICE ONLY***

Trade Date: 29/09/2023

Allocation: 2.5%

Recommendation

Entry price: 1.045

Exit Price: 1.125

Profit: 7.65%

Rationale

A recent rally in the underlying Uranium price. The we have hit the recent highs for Paladin and recommend taking half our position off for a quick scalp.

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.

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