Hi emark, i see I got quoted LOL. for the record I know little about PNA fundamentally...I just had a quick squiz at the chart the other day. Just had a look at a longer time frame. the chart is not unlike that of OZL. in 2007 back PNA had a steep OZL like climb. On the way down there was not too much chart support (once again like OZL). PNA hit the first real support last week around the mid 50s...it seems to have bounced off that.
OZL recently hit similar support in the $1.20s and is now in the $1.60s. Another place another time I would inclined to get on board the PNA train but this current market makes everything a sell atm imo.
PNA Price at posting:
56.4¢ Sentiment: None Disclosure: Not Held
