Those charts look good. I've attached my 5 year weekly chart. You will notice the trend line and how I get a weekly close of higher than 3.5 cents to indicate a possible buy signal for me. One of the things I noticed also is that last weeks high of 3.7 just touched the trend line but then got sold down. A high above the trend line would not indicate a buy signal for me, only a close above the trend line would.
There is very strong support at 3.0 cents.
I have the multiple moving averages there also which isn't showing a buy but it is a lag indicator which shows the trend for PEN is in a down trend.
tsi, page-12
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Last
9.9¢ |
Change
0.001(1.02%) |
Mkt cap ! $315.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.3¢ | 9.6¢ | $1.644M | 16.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 450000 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 571071 | 3 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |