daytrades nov 10 afternoon, page-58

PEN weekly as of close last night.



Channel target of 0.072
Fib target of 0.077
Pitchfork target of 0.08
EW target (1) of 0.105

Very happy with the down day yesterday. The only thing I dislike is the non expanding volume today. Perhaps it will have another small red day tomorrow before it starts next move up. -- Update since original post, volume has picked up in the last 10-15mins, expecting a strong close.

DYOR