"But when to bail?"
drbrooks - I am looking to hold PEN until at least the ~8c mark which is probably when I will lock in some profits on this particular trade. I will then look to re-enter on any weakness; but it is always good to lock in the profits. It will get over 10c in the ensuing months anyways imo based on U coming back in favour, PEN's fundamentals going forward, and what various Chartists have indicated over the past month or 2. I also maintain a core holding in this stock!
Cheers, Pie (:
daytrade diaries... september 10, page-169
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