The panther is sneaking before it jumps. Will it?

This idea is written from a purely technical perspective and does not consider news and reports in the market about GPR.

10% plus today, with over double the average volume. Time for a little technical analysis on the Panther. :-)
Very interesting is that the Fibonacci target, coincides with an old level line. Something like that appeals to me, because it practically predicts a test of this line when it is reached and after it is broken. My guess, we see CD push to point D, then quick and short retracement of the new Fibonacci before continuing above the line.
I'm curious to see the candlestick chart pattern what occurs there for sure.

BC= Retracement (eventually not finished)
CD= Push
D = Next expected target

In this sense - good luck to all of you!
mophi

And please remember. Act according to your own plan. These are ideas to the best of your knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.
FibonacciTrend Lines

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