Ok Guys

I stepped onto the sidelines yesterday. The only way I know to figure out blue sky share price movement is to look at the ascent pattern. Often when an sp goes ballistic if you look at the charts there is a 3 phase process where there are 3 clear gradients - the last which is a vertical lift off. The issue is that often the period of most gain is the last vertical phase befoer the slump back, which could be a mirror image descent in a head and shoulders pattern.

I looked at the charts and it seems to have reached the vertical phase... see my chart below. I may not have got the top but when my 55 target looked in doubt I did a manual trade at 54.25 or something.
http://finance.yahoo.com/echarts?s=PANL+Interactive#chart11:...

Maybe I'm wrong. Maybe 50 becomes the new support level or maybe it goes onwards and upwards - on a log scale its trend line still looks very strong (http://finance.yahoo.com/echarts?s=PANL+Interactive#chart3:s...) but it doesn't add up at this point (http://finance.yahoo.com/echarts?s=PANL+Interactive#chart8:s...). I intend to watch and re-enter.

Cheers
a