For those interested, I do a Weekly Report on 28 U stocks. I have been doing that for close to 2 years.
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I recently bought a fair few PEN stocks recently - my average is around 17c. So I didn't buy big when it was much lower. I had small before and bought mostly around 17.5 recently.
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For those who like to play multiple U stocks, it could be interesting to see how its fairing with other stocks.
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Based on SP pattern, next stop for PEN first stop is to do a new 52 week high of 21 - which I feel can happen shortly. Although 21c looks good for a 52 week high and those buying from lows of 11.5, I know most U punters are long term. What we are looking for is at latest 30s to feel good. My gut feel is, its coming, but please dyor as who knows we could fall back straight again.
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Here's the link to this week's report. All the best.
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https://hotcopper.com.au/threads/age-weekly-report.6580138/page-3#post-68340997
For those interested, I do a Weekly Report on 28 U stocks. I...
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