2 dragon fly candles in a row, page-14

Gday mikey,

I appreciate your comments and actually considered just jumping up to 0.13. However, I am sticking to some new learnt rules.

1. Stick to the plan
2. Be patient

If I miss out, then I miss out. In actuality there is no emotion, and definitely no fear of missing out in my plan. I already have a holding, I am just trying to top up if it comes back down.

Remember, PEN isn't the only stock in the ASX :)

EDIT to chart:
I had drawn the green stochastic zoomed out so it wasn't lined up properly. After the adjustment, today's stochastic is right on the line.

RE: flags. I won't claim to be a flag expert, but after looking up the definition, it seems to be a far less violent consolidation pattern than we have seen with PEN, being almost flat, at most being slightly downward sloping.

RE: HS and news. Definitely agree the consolidation has done PEN a lot of good. News may come out, a broker may issue a strong buy, Kim Jong Il may buy PEN's contracts. In this case I will be pleased with my current holding. I will be disappointed that I could have made more, but that's the greed demon.

In all honesty, I'm just trying to ride this up to my next target of 0.195.