mophi

The panther is sneaking before it jumps. Will it?

Long
TSX:GPR   None
This idea is written from a purely technical perspective and does not consider news and reports in the market about GPR.

10% plus today, with over double the average volume. Time for a little technical analysis on the Panther. :-)
Very interesting is that the Fibonacci target, coincides with an old level line. Something like that appeals to me, because it practically predicts a test of this line when it is reached and after it is broken. My guess, we see CD push to point D, then quick and short retracement of the new Fibonacci before continuing above the line.
I'm curious to see the candlestick chart pattern what occurs there for sure.

BC= Retracement (eventually not finished)
CD= Push
D = Next expected target

In this sense - good luck to all of you!
mophi

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