PEN 2.30% 8.5¢ peninsula energy limited

sp hard to fathom, page-24

  1. 2,889 Posts.
    " is balance the truth or just the opposite "
    Geez Trees, your roots are Deep !!

    BTW: PnF chart, based on Wyckoffian market phase theories, has already given an early buy signal. A break above 2.4 will be another buy signal and confirmation of the earlier signal.
    Cautious buyers, like soul surfer, would notice the SP jump across 2.4 and most likely watch any subsequent initial run and then buy on the test back to 2.4

    Having the early PnF signal, it is now time to watch the market depth and real time sales. You will see the volume start flowing in and catch the early wave. You can sell at the top of the high volume bar and then buy again on the retest.
    It will put an extra 15 - 20% in your pocket.
    If you have the stomach for the options, which in my opinion are the better value at present, then your returns on the first run may be even greater but the test will probably only come back to 1 or 1.1

    Of course all of this is just my opinion based on my understanding of Wyckoff theory and market signals.
 
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Last
8.5¢
Change
-0.002(2.30%)
Mkt cap ! $275.6M
Open High Low Value Volume
8.7¢ 8.7¢ 8.3¢ $851.4K 9.937M

Buyers (Bids)

No. Vol. Price($)
7 280873 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 307307 6
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Last trade - 12.37pm 12/08/2024 (20 minute delay) ?
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