Short term daily chart -
Bullish ascending triangle, (continuation), volume falling as the pattern progresses.
Best breakouts occur ½ to ¾ the way into the pattern so next week looks to be the time, confirming the weekly chart.
Looking for an increase in volume for confirmation along with the MACD rejecting it's signal line.
Pattern target = 2.6 + (2.6 - 2.2) = 3.0c
IMO, DYOR
Regards
penchant for the pen chart, page-8
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Last
10.8¢ |
Change
0.003(2.38%) |
Mkt cap ! $342.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $87.57K | 818.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 5569014 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1099383 | 21 |
View Market Depth
| Last trade - 12.58pm 17/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |