PEN 1.01% 10.0¢ peninsula energy limited

I drew this channel 13 trading days ago (26/9/11) and simply...

  1. 1,360 Posts.
    I drew this channel 13 trading days ago (26/9/11) and simply extended the channel down. By my reckoning we are at the point of breakout for that channel now. It could of course trend down again into the channel but the MACD and all the indicators are on the rise so hard at the moment, momentum favours the upside imo.

 
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