PEN 4.76% 10.0¢ peninsula energy limited

Putting pettiness aside cos the chart is actually interesting...

  1. 561 Posts.
    Putting pettiness aside cos the chart is actually interesting today.

    My close but no cigar
    http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=1400983&msgno=6419333#6419333

    D 11Mar


    +41MA touch
    +Into oversold
    +Wave c down possibly near completion (I'm thinking 0.115)

    -0.125 broken
    -Possible Bearish Three Outside Down pattern
    -Red volume up
    -MACD still poor
    -Market uncertainty

    If I had to wager a guess, I would say a test and rejection of 0.115, quite a significant level on my chart. Not sure how many sell orders will be placed over the weekend after the 0.12 close. Still, glad I didn't reinvest everything, quite a dangerous time to be in the market. Is any news expected around 18-21March?
 
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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
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