PEN 3.41% 9.1¢ peninsula energy limited

Hi MMM - another amateur question if I may.As a T/A novice...

  1. 3,815 Posts.
    Hi MMM - another amateur question if I may.

    As a T/A novice (understatement!), what do you mean by "oversold on the charts so from a trading perspective it should move back up gradually from here..."?

    I ask the question as I would have thought that our volume over the past few weeks has been relatively low.

    An explanation from you or other folk who understand the above term would be appreciated.

    Regards
    RM
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
9.1¢
Change
0.003(3.41%)
Mkt cap ! $290.0M
Open High Low Value Volume
9.0¢ 9.2¢ 8.9¢ $442.2K 4.887M

Buyers (Bids)

No. Vol. Price($)
2 304692 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.2¢ 56231 3
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.