Pacific Current Group Ltd Trade Ideas — ASX:PAC

PAC, aggressive long entry PAC in a weekly ascending wedge. Daily is looking shaky but that's because it's on the bottom of that wedge. Aggressive long entry with a stop below previous anchor point on the wedge. Confirmation is to wait for a BO, then entry on the retest of the level.

ASX Top 10 Momentum Stocks: 31 July 2023 - Finer Market Points ASX:3DP NASDAQ:NXL NSE:RBL NYSE:IDA ASX:AW1 ASX:MGU ASX:AZS ASX:WC8 NYSE:PAC BSE:PCL Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. Today's ASX's Top 10 Quarterly Momentum Stocks are: Pointerra Limited (3DP): 3DP provides cloud-based data processing services with a focus on its 3D geospatial data technology. Through a service solution, end users are helped with managing, distributing, and visualizing massive point cloud datasets from mining, electrical grids, and other infrastructure projects. Nuix Limited (NXL): NXL specializes in developing a software platform designed to process unstructured data. Its platform caters to various areas, such as criminal investigations, financial crime, litigation support, employee and insider investigations, legal eDiscovery, data protection and privacy, and data governance and regulatory compliance. Based in Sydney. Redbubble Limited (RBL): Redbubble runs an online marketplace that connects independent artists with customers who can buy an array of customizable products, namely, but not limited to apparel, houseware, calendars, canvas prints, greeting cards, photographic prints, posters, scarves, stickers, through to throw pillows, and bags as of July 2023. Indiana Resources (IDA): Indiana Resources is a miner focusing on rare earths, gold, and other base metals in both South Australia and Tanzania. American West Metals Limited (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA. Magnum Mining & Exploration (MGU): A miner in the US, Nevada, and West Virginia, focused on iron ore concentrate and green pig iron production aiming to serve steelmakers in the West Coast and Ohio River Valley areas. Azure Minerals (AZS): Azure Minerals is a mining company that explores and develops mineral deposits, with a focus on lithium and nickel in Western Australia. Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well. Pacific Group Ltd (PAC): PAC is in the investing and asset management space, covering private advisory, placement, and investment-related firms. Pancontinental Energy Ltd (PCL): Pancontinental Energy is an oil and gas explorer with projects in Namibia and QLD as of July 2023.

PAC @ 21 OCT 2021 Text me if you have any questions/comments for me. ----- PAC - First time doing a written analysis on PAC - Stock has a history of slow uptrends which seems to have picked up speed since late August 2021 - It’s currently trading at a resistance zone at 7.90-8.10 levels (orange lines) that have been tested at least 5 times in the past - A successful breakout would be around the 8.35 levels - Another price rejection could see the stock re-test the short-term support - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout and a good setup before plotting entry

$PAC may have found support It looks like the confluence of the trendline and the 10WMA is acting as support for $PAC with the outside bar on above average volume today.

Pacific Current Group Ltd

PAC trade ideas