Wanelad
I wouldn't look at a stock unless it was on the verge of making a "Golden Cross" as PEN did last April.
I wouldn't look twice at a stock that had recently made a "Death Cross" as WCU did last month, (or BMN last week).
"Long-term crossovers carry more weight than short-term events. The Golden Cross represents a major shift from the bears to the bulls. It triggers when the 50-day average breaks above the 200-day average. Conversely, the Death Cross restores bear power when the 50-day falls back beneath the 200-day. The 200-day average becomes major resistance after the 50-day average drops below it, and major support after breaking above it. When price gets trapped between the 50-day and 200-day averages, it can whipsaw repeatedly between their price extremes. This pinball action marks a zone of opportunity for swing trades."![]()
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- mr john andrew (gus) simpson
mr john andrew (gus) simpson, page-53
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.5M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $343.9K | 3.411M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
82 | 9087780 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 3667814 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
81 | 9077780 | 0.100 |
6 | 567686 | 0.099 |
13 | 513440 | 0.098 |
8 | 1011092 | 0.097 |
12 | 2501006 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 3667814 | 22 |
0.110 | 3641360 | 36 |
0.115 | 4504422 | 29 |
0.120 | 6252885 | 55 |
0.125 | 2581067 | 23 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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PEN (ASX) Chart |