ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for pro Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.

Pantheon Resources Price: PANR Pushes Down, Attempting to Re-Energize

Share On Facebook
share on Linkedin
Print

Over a couple of sessions, the market line in Pantheon Resources Plc (LSE:PANR) has been made to push downward to attempt a re-energizing force mode around 25.

The stochastic oscillators have produced a noteworthy trade signal that indicates sellers should exercise caution when following any more pressure to move the trade line below the moving averages’ points. Technically, the return of a bullish trend might be triggered by the appearance of a bullish candlestick at any time after this writing point.

Resistance Levels: 30, 35, 40
Support Levels: 22.5, 20, 17.5

Should PANR Plc investors keep selling, given that the EMAs are currently above the price?
A reasonable lower trade zone has come to play in the market operations of Pantheon Resources Plc to warrant the need for buyers to continue to secure points at this point, given that the market pushes down, attempting to re-energize.

The 15-day EMA trend line has briefly intercepted the 50-day EMA trend line to the south. Additionally, they indicate that the major trading zones currently range from 25 to 30. The stochastic oscillators have entered the oversold area after moving southward. Investors could expect to get reasonable dip purchase orders at this point in the market exchange.

Learn from market wizards: Books to take your trading to the next

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com