Matty, I'd only analysis PEN from the minimum of a weekly bar, too much noise on such a small timeframe imo and one can get too narrow focused, obviously it works for some but not for my liking or I think a LT holder
Similar I think to your query on that other stock of yesterday.
Just have a try on the weekly and see what you come up with, also I note your using a different charting package now
P.S. another 17trading days like yesterday would be fine imo with a close up near 4.3c
OR it can go rip rip and average a few more million each day for the next 17trading days and close near 5cents will be fine as well,
also not sure what happened with a few of my PEN charts of late, they seemed to turn into the same chart, must have accidently named them all the same :(
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