PNA 0.00% $1.84 panaust limited

going short, page-119

  1. 9,241 Posts.
    Stix,

    Just for the report, those prices you mentioned are (and always have been) purely daily tech based (from where I sit).

    You will notice on the daily candle sticks that for PNA, next support stands at 98, if broken 88, then 85 and 75cps.

    Compare this to ABY, break the current downward channel and this has $3.08 as the next stop.

    IMO, a smart trader/investor would look at spliting risk bu locking in profits from PNA and taking opportunity in ABY at current levels.....this is only my view!

    Either way, good luck!

    regards,
 
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