PEN 13.8% 8.1¢ peninsula energy limited

pala-blackrock: what price a takeover?, page-21

  1. 1,418 Posts.
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    taboon, this is exactly what the SP manipulators want you to think. Your example is precisely the outcome desired by the vested interests when they continuously push the closing price down in the CSPA; most often finishing down, must be selling pressure etc etc. Without observing and considering these activities, and simply resorting to the TA generated advisories, you and many others arrive at aforesaid conclusion. Insto investor 1 - Mom and Pop investor 0.......

    From a TA perspective there's pinch point coming relating to long term down trend converging with historical support - short term I'd say (3 months max). Personally I think it will break up, not down. After that it's a bit of blue sky to end 2014.
 
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