PEN 4.55% 11.5¢ peninsula energy limited

ho hum..., page-3

  1. 1,418 Posts.
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    If you look at the depth then you'd be tempted to think someone's deliberately putting a wall up there to accumulate.....except the volume is so low; it just couldn't be a serious insto player now could it....perhaps small potatoes trading the pips...just like me :)

    I think we're stuck in the 3.0 - 2.9 support until meaningful news comes along, unless something comes along to upset the apple cart. Whatever that is who knows, but it will most likely be associated with the AGM timing if that were to happen.

    I think El Capo's prediction will not come to pass in this instance - it was made on technicals/charting at the time. The only thing that could cause this would be related to fundamentals - probably timing and a short term sentiment blowout.

    Louis Pasteur once famously said, "There's more philosophy in a bottle of wine than in all the books in the world"....now then, another glass of red!
 
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