PANL trade ideas
PANL broke out of the cup and handle patternNASDAQ:PANL broke out of the perfect cup and handle pattern on very good volume, any pullback towards the neckline at around 6$ is a buying opportunity to target 8.55$, stoploss daily close below 5.5$. Be careful, it is a low volume stock.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Buy PANL 27/9/2021You can buy PANL target 6.18 stop loss 4.29
money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
PANL - Pangaea Logistic EntryPangaea Logistics Solutions, Ltd. (Pangaea), through its subsidiaries provides seaborn dry bulk logistics and transportation services. The Company utilizes its logistics proficiency to service a broad base of industrial customers to offers transportation services for a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone...
Volume on the breakout: 785% increase
Composite rating 97
119% EPS change current year
4.34 entry
3.92 stop (wider than usual; position size accordingly)
1R 0.65
1R PRICE 4.99
2R PRICE 5.64
3R PRICE 6.29
Educational purposes. Not meant for financial advice.
Penis Pattern - PANL Pangea is a strong shipping company doing northern routes and I like their prospects to hit $4
They also happen to have a perfect Penis Pattern. Complete with Hairy Nuts on Either Side.
It's cousin the "Lance Armstrong" can be seen in 2000 right before the crash.
Note what's missing.
*CLEARLY NOT FINANCIAL ADVICE*
$PANL Ocean Shipping - Dividend ReinstatedLooks ready to go.
$PANL Ocean Shipping - Dividend Reinstated 12/21 2c ~3.3%
Bearish SCT If confirmed this pattern has a measured move downside to $19.75. If you decide to take a short position make your stop loss at recent swing high $25 with target price $19.75. If you are a option trader join us www.woowtrading.net
