El Capo, the way I read it is that the U index (from mudguts) which is related to U company prices which is showing an increase aligns with your wave 2 U low price for 46.5 (which appears to have been just met). That is the market is anticipating increasing U prices from now on (or just before) the U low with the market reinvesting in the U companies that are likely to see gains with rising U prices.
At the moment PEN are lagging the bunch (U index) so when we do get news I expect a nice little correction.
My simpleton's view so please DYOR.
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Last
8.1¢ |
Change
0.001(1.25%) |
Mkt cap ! $258.1M |
Open | High | Low | Value | Volume |
8.0¢ | 8.2¢ | 8.0¢ | $642.6K | 7.939M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 159640 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 197884 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 159640 | 0.081 |
4 | 679117 | 0.080 |
1 | 30001 | 0.079 |
14 | 384234 | 0.078 |
3 | 116259 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 197884 | 6 |
0.083 | 123065 | 5 |
0.084 | 55002 | 3 |
0.085 | 475027 | 6 |
0.086 | 516795 | 4 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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