pen - the month that was

For the month of January 2012 PEN increased from 3.6 cents to close at 5 cents. Intra-month high was 5.6 cents

For those that bought in Decembers low of 2.5 to 2.8 cents, that is a 100% gain in a month.

PEN's monthly chart has been downtrending for nine months. With the 10th month gaining its lossed, and now with January complete the chart has formed a morning star reversal pattern.

So if this is the bend in the end, hopefully PEN gets some more upside now after 9 months of trending down. Stochastic and MACD look good too.

i know i watch the minute by minute moves and get distracted of the bigger picture. i will update this at the end of the month (if i don't forget).

if anyone has any monthly charts lying around feel free to share.