Not sure how the results shape up compared to expectations but from a charting
perspective PEN has retested the neckline of H&S bottom pattern today.
Seems to be holding and was an opportunity for entry for those who
missed the first one.
Minimum measured target of 2.50
Stops can now be placed somewhat below the neckline IMO or more
conservatively below the right shoulder.
I also have my eye on the weekly chart toward the channel that would
indicate a possible move to the equal hight of the channel if broken
decidedly, but that remains to be seen.
GLTAH
PNV - Chart, page-7555
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Last
$2.39 |
Change
-0.050(2.05%) |
Mkt cap ! $1.664B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.43 | $2.38 | $1.088M | 452.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3065 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 777 | 1 |
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| Last trade - 15.59pm 29/08/2024 (20 minute delay) ? |
| PNV (ASX) Chart |