Once again PEN at this point in time seeming rock solid with a nice supportive base at 12.5 cents. Actually seems to be building an even larger base there too while the sellers at 13 cents are down to 1.8 million. If everything goes nicely I wouldn't rule out 13.5 cent close - on very low volume though I'll add.
No idea what means exactly from a technical point of view just know it means my portfolio is more likely to look better at the end of the day lol.
Actually this rest period seems to be well timed anyway - with so many T/A people saying it was over cooked this should give time for the indicators to settle before we approach the more significant type news such as DFS, resource upgrades, permits, decision to mine etc & hopefully start another re-rating.
All looking just fine from where I sit.
PEN Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
