Chartoholic

PANL broke out of the cup and handle pattern

Long
Chartoholic Updated   
NASDAQ:PANL   Pangaea Logistics Solutions Ltd.
PANL broke out of the perfect cup and handle pattern on very good volume, any pullback towards the neckline at around 6$ is a buying opportunity to target 8.55$, stoploss daily close below 5.5$. Be careful, it is a low volume stock.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Trade closed: stop reached

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