Well I don't know what the market is going to do from one day to the next *eswee* (; - If I did I would be a really really really rich little birdy. What level did you buy PEN at??? I guess you will just have to be a little more patient if you want 4.5c.
IMO (& for what it is worth) I think it is trying to consolidate around this new level of support (ie; the 4c mark) before it makes a move on the next leg up ie; to the 5c mark (this 5c level is what a lot of Chartists have already predicted as the next level of support).
On a bright note we now have more Bids than Asks in the total market depth.
