fx amd gold on the move, page-3

poss breakout indicated... When PNA opened at 18.5c this morning the sp was above the descending triangle trend line...a good buy sign.

The sp of 18.5c is a possible indication of a breakout that I have been forecasting over last week.

Last week, I suggested the breakout would come on Tuesday +/- 1 day.

There is an important announcement due very shortly which should cause the share to jump...look for breaks thru resistance points of 20c...21.5c...22.5c and 24c. There is lots of space that needs to get filled so I won't be surprised if the sp jumps suddenly.

I'm sitting top of the queue at 17.5 just in case there is a momentary collapse but, I don't expect it to trade below 18c today...and any sell below 18c will be fleeting.

I hold over 700,000 PNA