PEN 1.03% 9.8¢ peninsula energy limited

buyers still more than sellors, page-3

  1. 3,025 Posts.
    Hi row2go,
    We have travelling sideways since beginning of Nov in a channel between .014c & .018c ( i always use closing prices) 3 times it has tried to close above .018c but failed.
    Been a huge increase in buying since Sept. showing accumulation at these prices. Support is at .014c (bounced of 5 times.) I feel pressure is building up and it will go without any warning one day.
    Please don't let any of this influence your trading as I've been wrong before.
    Just noticed some buyers filled the gap at .018c & no one wants to sell. Thats good.
    As I said in earlier post all my indicators are pointing up.
    Hope this helps P B
    All IMHO only.
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.