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

Trending Now


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

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

Pantheon Resources Plc Price: PANR Retains Precipitation, Strengthening a Base

Share On Facebook
share on Linkedin

In light of the effects of bears’ reactions that are still felt in the Pantheon Resources Plc shares offering company (LSE:PANR), the price currently retains precipitation, strengthening a base around the line of 20.

The confirming indicators’ forecast is not overly optimistic in support of the stock market’s continuous downward trend. Because of this, even though the oscillators are in the oversold area, it is possible that the market will systemically press lower and below the moving averages for some time. Conversely, should a bullish candlestick ever manage to break above the line, this could produce a promising signal that bulls will continue to forge higher highs until an overbought state is clearly reached.

Resistance Levels: 25, 30, 35
Support Levels: 17.50, 15, 12.50

With the price hovering around 20, what might investors in PANR Plc expect right now?
Traders who have not committed their capital in the Pantheon Resources Plc stock are encouraged to do so in a long-term running mode, given that the market retains precipitation movement around the point of 20, strengthening a base.

Because bulls have not been able to begin mounting rallies, the 15-day EMA signal has momentarily crossed the 50-day EMA indicator to the downside. The stochastic oscillators have entered the oversold area, indicating that a minor decline is likely to continue. A succession of dips will result from extending the consolidation movements.

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 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 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:

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 |