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
WaneladI wouldn't look at a stock unless it was on the verge of...
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Last
9.4¢ |
Change
-0.006(6.00%) |
Mkt cap ! $299.5M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.0¢ | $3.839M | 40.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2740 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 315192 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2740 | 0.093 |
2 | 215855 | 0.092 |
8 | 309973 | 0.091 |
32 | 1668903 | 0.090 |
5 | 355235 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 315192 | 2 |
0.095 | 1000000 | 1 |
0.096 | 50001 | 2 |
0.097 | 297682 | 2 |
0.098 | 149100 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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PEN (ASX) Chart |