Timonrosso

UPDATE: Pan Africa hit the target at R.475 - Do we sell?

Alış
JSE:PAN   PAN AFRICAN RESOURCE PLC
Well this analysis took forever.

The price broke above the Broadening Reverse Symmetrical Triangle (If there is such a thing) in June 2023.

If you held on this long to exit and bank a profit, you would be lucky if you even made some money considering the daily interest charges on CFDs...

However as a share and equity investor, this position would have been the perfect medium term trade.

Sometimes, when I project such large targets, I think of just going back into equities.

Regardless, the trend id still up - Gold is still bullish and out other Gold positions are all longs.

So, keep to the trend until it bends...

Uncle T out.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.