john boy
say what you like but that facts are it bounced off OLD support. thats fact in THIS case. why? because it was the last solid support available.
We are talking about Pen specifically right? support isnt that long ago. Your f/a t/a rule is correct over several years john boy. doesn't apply here.
theoretically it will retest either the same support or hold one of the fibs.
either way its a falling knife ATM.
your just ramping a down trending stock.
falling share price could go to 8.5 cents, page-82
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11.3¢ |
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