PNA 0.00% $1.84 panaust limited

pna is in downtrend

  1. 172 Posts.
    There's nothing really special about PNA's SP falling. Global and local markets are in downtrend and may get worse. Practically all sectors are in downtrend, and the gold/copper stocks are getting fairly hammered at the moment. OXR is being dumped as well.

    Prudence would dictate that you have a good stop loss strategy until the dust settles. It is possible there will be much bigger falls over the coming few weeks, especially the way the US economy is at present, and the growing uncertainty surrounding this market.

    Mensa.
 
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