Timonrosso

PAN AFRICA Neutral analysis but hoping up

JSE:PAN   PAN AFRICAN RESOURCE PLC
Symmetrical Triangle
Equal chance of a breakout.
Break up - Target R6 .04
Break down - target - R1.00
NEUTRAL ANALYSIS

I do have hope for Pan Africa as it's one of the rare companies that deal with innovative technology for gold extraction. Also with inflation kicking in, this will pick up the price of gold which could help gold companies who are exporters.

I want to guess the break will be up, but we can only know when it happens.

Trade Well,
Timon Rossolimos
Founder, MATI Trader

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