Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. CONS: - Earnings have declined by 16.3% per year over past 5 years. - Highly volatile share price over the past 3 months. - Makes less than USD$1m in revenue ($0). - Shareholders have been diluted in the past year. PROS: - Whilst...
Potensial for Upside, retest the resistence at 282 Target and Resistence as shown (red) Support as shown (green) Disclaimer on
Target as shown Trend as shown Cutloss as shown Disclaimer On
If 80 holds on a retest I like this as a harmonic (Fibonacci) bat pattern long set up. The long idea is wrong on a close below 67.45 and targets 145 175 and 217.