Pantoro Ltd. (Pacific Niugini - Gold) - Interesting chart

Once again a confluenece of fib levels between .17c and .18c. It is also a support level as the price has retracted and tested it about 3 times. Pantoro is a debt free company but is currently raising capital via a SPP issue. I am interested in the junior gold miners but this is not investment advice nor a buy or sell recommendation.

Kommentera:

The daily chart indicates a corrective price movement and a break above .26 will be bullish