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Trad3r_16

Pan African - Double bottom...? Or more weakness to follow...?

PAN AFRICAN RESOURCE PLC (JSE:PAN)  
Trad3r_16  
JSE:PAN   PAN AFRICAN RESOURCE PLC
Trend Analysis Chart Patterns
5
2
trendanalysis chartpattern
Whilst other gold stocks have begun their pullbacks from recent highs, PAN is the only share to have have completely pared all gains from its highs of around 4.85. It has overshot the important R3 horizontal support and is now looking to retest 2.85 again.
Trade with caution as Gold price looks weak too.
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