hey mjmoneybags.
as long as the share price is sitting above the middle tyne on your chart all is good....
i read the herald sun today (not something i do often enough). in the finance section i read the "day trader" column.
this guy mentioned a little on support and resistances, and said that share prices can approach a resistance, pull back and then break through. OR... share prices can break straight through a resistance ares and then come back to test the support on it.
will PEN broke through 6 cents and passed it and hit 6.7 cents. today PEN tested 6 cents and finished at 6.1.
so far it looks like the support is holding at 6 cents.
will have to see what tomorrow and friday bring :)
notice, page-62
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |