dedicated ta thread 25november

Title is tongue in cheek feel free to post anything PEN related (within reason).

D


*Black dashed line serving as support, close above yesterday and a bounce off of today.
*Stochastic suggests we may have further to fall/more consolidation at these levels.
*MACD-signal continues further into the red, but MACD line appears to be flattening.
*MA20 acting as a support/resistance.
*Lower volume on today's up than yesterday's down.

I see strong support at 0.05, so if we do go down that far I would see that as a buying opportunity.

W


*Decreasing red volume, but will see if that remains after tomorrow.
*MACD-signal decreasing, but MACD continues to rise.
*Stochastic turned down, but still has not come below 80 yet.
*0.059 important level

W2


Added the blue fork as well.
*Blue fork a weaker support/resistance.

M

*Expanding green volume
*Good stochastic
*MACD suggests a LOT more in the tank
*Strong uptrend

Daily could go either way. Weekly could go either way but leaning to upside. Monthly is going up.

If there was ever time to be a LT holder it is now IMO. DYOR, have a good one.