i think she'll stay low for the moment. the indicators just dont look favourable at all.
-RSI, Money flow, stochastics ALL trending with lower highs.
-MACD just does not look pretty in general haha
-stochastics is skirting though, could go up or down but im leading to down...
agree that your battle between pink and black lines is the kicker mj. your black is approx my 38% fib retrace, if it breaks below strongly we could be heading to the 0.050 - 0.055 range again. this would match up with my 50% fib retrace.
PEN Price at posting:
5.6¢ Sentiment: Hold Disclosure: Not Held
