Panaco Corp (PANA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Panaco Corp (PANA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: T-Lo Greens who wrote ()	10/14/1997 11:12:00 AM
From: Eakole	of 115

Tony, I too just recently bought into PANA but for reasons more technical than fundamental. The earliest chart data starts from mid-1992 and from that time to the present PANA has sustained a tight and clearly defined uptrend that would serve both short term traders and long term investors. The channel is approx. 2-1/2 points in depth. Considering past volume history the present volume has been extraordinary, enhanced by the fact that the volume is on rising prices. One big technical to watch is what the stock does after it reaches its all time high which is approx 6-3/8 and coincidentally resting on the channel's resistance. Given the fundamentals and the technical indications I feel that this one stock I will "invest" & "trade" in. . . eakole

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next