Thanks Chalea, makes a lot of sense what you say.
'A trend that hugs one band signals that the trend is strong and likely to continue"
Now that you have pointed it out on the chart it looks so obvious with Pens past trading patterns. I must admit I wouldn't have even looked at something like that if you hadn't highlighted it.
Great work. Opening up a whole new area for me.
Cheers NK
penchant for the pen chart, page-93
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |