PEN
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0.00% 8.7¢ peninsula energy limited

200dMA has supported the sp over the past few days, but was...

  1. itinerant
    192 Posts.
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    29/11/12
    21:05
    Post #: 11127493
    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.

    PEN Price at posting: 3.9¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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