Thats ok fellas.....You guys scoff
Many folk had asked El Capo for his chart but none was forth coming....Thats the way he operates. I sussed it...have provided it......seem some feel Fibs are ridiculous. When i marked out the fib levels...I then drew the lines from the marks to the divergence point on the high and low trendlines. They all lined up with high points.
The 2 lower trendlines without numbers beside them are just drawn in...I have not bothered to work out if they are fib levels. The trendline from Friday I feel may be of interest as there has been debate on whether the gap on Friday is an exhaustion or continuation gap....Thought the trendline may assist.
I had also provided my thoughts for the likely timing for a sub 2 low.
Fibonacci is no guarantee that a sub 2 low will occur....We all have our own ways....Why shares are brought and sold every day.
Just hope early next year Soul surfer that some loser clown has not out smarted you cause he may just say "See....told ya so"
Thats ok fellas.....You guys scoffMany folk had asked El Capo...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |