pan gann fann test log* vpan gann fann test log we shall see in 3 months ;)
pan gann fann test vpan gann fann test we shall see in 3 months
Nickel is ripping and volume coming in to this one. Initial base break out and now a two week flag. Close over 21.5 confirms a trend in play.
PAN was a buy around 18-19c. Some large trades going through. Ni/Cu/Co play.
In a perfect world these are the go to setups for me. long base. absorption of supply. Strong resource sector, especially Nickel. Lets see if the buyers come in above 18c. for a solid weekly confirmed breakout.
PAN seems to be preparing to move up as there has been high volume recently when it bounced off its 200SMA support. I will be targeting the previous highs at $ $0.175, (potential 8-10 % gain) with a stop below the lows. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
PAN #ASX simple get in signal, #cupnhandle. we'll target 24-26 for now.
Panoramic Resources Limited (ASX:PAN) is a base metal mining and exploration company headquartered in Perth, Western Australia with a 20 year history of mining and expertise in nickel, copper and cobalt sulphide projects. Is PAN ready for a Cup and Handle Breakout? Technical Analysis as below. Bullish: Cup an Handle Formation Bullish Market Structure Trending...
see chart. Last small candle 7/3/18 has high volume = accumulation here
Consolidated above previous resistance, and it seems ready for a move higher. Leverage to improving outlook in Nickel price is one motive factor.