PEN 4.55% 11.5¢ peninsula energy limited

10 reasons why pen's chart is..., page-60

  1. 192 Posts.
    200dMA has supported the sp over the past few days, but was broken today. Might see the gap closed in the next couple of days. Seems like we are experiencing an A-B-C down-wave after all (remember Musashi's comment).

    Will be looking for a bounce of the gap with additional support from the 50dMA and the 23.6% Fib-line.

 
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