Despite a great overnighter there seem to be some nervous nellies looking to take profits. When I was an uninformed investor I probably would have done the same. "It was 0.067, now it's 0.06, I better get out while I'm ahead." Thankfully nowadays I use TA. 0.059 looking very secure.
I would actually like a close around these levels, just so we can have a red candle on the weekly. Need to flush out those uninformed investors! Who knows, we may have a late afternoon rally. I would prefer that it waits for next week though.
And np's pewal.
PEN Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
