Signal Update
Our system’s recommendation today is to BUY. The BULLISH THREE GAP DOWNS pattern finally received a confirmation because the prices crossed the confirmation level which was at 3.3600, and our valid average buying price stands now at 3.3700. The previous SELL recommendation was issued on 5/16/2013, 7 days ago, when the stock price was 3.6050. Since then PAM has fallen by -6.52%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.