PEN 4.55% 11.5¢ peninsula energy limited

will we see any more 2.8?, page-29

  1. 22,593 Posts.
    Saylor, no disrespect with your trading style with PEN, you obviously can trade and do it well but on something like this one you may find it easier to pan right out and view your analysis on a larger timeframe - I simply couldn't trade PEN on a daily chart but I find it easier to view what is happening from a monthly with a weekly as a trigger, one would not be whip lashed around the place as often, you may like to try it, would be interested to know the results if you did backtest with your program on a larger timeframe.

    Currently the volume for this month is getting close to last months but I would say we will miss out on surpassing it - now we just wait for something to appear that resembles one like those circled, ie. very low volume and preferably a narrow price range which is nothing like what this month is going to end up looking like and by that time we will be far enough away from that weakness which appeared during the months of Sept/Oct and Jan.


 
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Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $366.3M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $2.185M 19.39M

Buyers (Bids)

No. Vol. Price($)
13 1892350 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 3719 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
PEN (ASX) Chart
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