What would be nice, and I believe it is about to occur, is to see another "Golden Cross" on PEN
Where the 50 day EMA crosses the 200 day EMA. We have seen this before on PEN and the old high of 15.5 was the result. Will it occur again?
Not there yet but getting close. The early indicator the 10 day EMA has crossed. The 30 has crossed the 90 day EMA and 50 day EMA about to cross the 90 day EMA.
First target 7.5c then 8c and the 10c mark is looking very likely as well if the GC plays out.
Fun times.
chart mma's pen gc looming
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Last
8.3¢ |
Change
-0.002(2.35%) |
Mkt cap ! $267.7M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $413.4K | 4.958M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 240870 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 184686 | 8 |
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| Last trade - 15.13pm 22/08/2024 (20 minute delay) ? |
| PEN (ASX) Chart |