Peet_Serfontein

PAN: back to the support area?

Short
JSE:PAN   PAN AFRICAN RESOURCE PLC
A price action below 330 supports a bearish trend direction.
Crossing below 310 might strengthen the bearish trend direction.
The target price is set at 280.
The stop-loss price is set at 350.
Crossed below its 200-day and 200-week simple moving averages.
Remains a very risky trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.