Courtesy of MS Paint - one of the most useful utilities ever ;)
honestly, I don't think there's much at all to glean fairly from the chart - there's a nice long term support line, but since november its been in a trading range (where... I've traded.) I did mention the negative head and shoulders pattern recently and the positive DOJI pattern today, but overall the chart confirms its currently losing the interest of buyers.
Given the way the company is (or sounds to be) progressing, it should be in an excellent position in say 6 months. However that's a should, not a will.
I'm sure there'll end up being alot of excitement or alot of disappointment, even alot more than we've already seen...
a traders perspective, chart direction, page-11
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |