10 reasons why pen's chart is...

10 reasons why PEN's chart is ....... sexy

# 1. the 10 sma crossed the 20 sma. thats a sexy golden cross

# 2. Low volume test day held the sexy 100 day sma

# 3. another sexy golden cross occured with the 10 sma crossing the 50sma

# 3.a) just noticed it now .... sexy golden cross with the 20 sma crossing the 50 sma

# 4. another sexy low volume test day and held that sexy 10 sma

# 5. another sexy golden cross where the 20 sma crossed the 100 sma

#6. the share price open and continued up today from the sexy 200 sma

here is the chart showing where these sexy things occured (except for 3a)

so what has happened in the past where the share price moves above the 200 sma ? long term buyers jump in as a long term buy signal

here's a longer term view of what has happened:

ok, moving on

# 7. Longer term the 10 week sma is now crossing the 20 week sma, see:

# 8. My longterm monthly chart that had the repeating blue square range play out again and is complete, and has broken out of those thin purple downtrend line (same image as this morning so todays action is not on it):

# 9. My repeating range weekly chart from october looks sexy now:

why does it look sexy? because of sexy point number 10 below

# 10. Even Robbbbbbb had similar ranges for PEN when i requested an unbiased chart from him:

now, there are 2 non sexy things and those are the two gaps created the last two days. no more charts, im sure you can see them.