Thanks mudguts. You are correct in saying that one cannot...

Thanks mudguts. You are correct in saying that one cannot predict where PEN will go, and I would be the last to do sow. However, from the general to the particular, I have seen many stocks on this pattern of low volume and price seeking new lows end up close to zero. As you say PEN will seek some support under 4c. I prefer simple charts, price, volume and time,with perhaps one indicator, I prefer an RSI as it is robust. More indicators on a chart do not necessarily lead to clarity. I buy on price not on an indicator. PEN is a worry as it is making lower lows and lower highs and all the Pams and Gusses in the world falling over or making statements will not assuage me otherwise.