Google "cup and handle", "trading patterns". It's basically a good probability trading pattern for a move upwards. You can also project a likely target and PEN seems to be forming a very nice cup and handle, hence the joke about it running over - i.e. moving towards target.
don't shoot me....i'm just the piano player, page-25
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.0¢ | $895.0K | 7.936M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 864316 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1596253 | 16 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |