PEN 0.00% 11.5¢ peninsula energy limited

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  1. 1,197 Posts.
    May I pick your brain a bit SS,

    Such a contrast is volumes from periods Aug-Oct and Oct-current with the only fundamental difference being the placement in Oct so in that lies the answer I guess.

    What's your take ATM, It seems to me like one entity is happy to sell and another is happy to buy, hence the higher volumes yet uber tight spread.

    Do you see that old support/new resistance line at .023 as highly significant? I assume your play ATM is that if that line is broken then successfully tested you will rate pen as a buy? Is there much chance IYO of a further downtrend forming?

    Cheers
 
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