twin ...We have had a normal pull back ..shares never travel in straight lines but move from side to side as they move forward.
The wedge formation is a very good example of the present technical analysis of Pen..It appears we are moving to another point of a strong upward technical move out of the wedge formation as price is compressed.
The fundamentals are also getting stronger everyday as work proceeds towards production and the price is moving in a similar fashion with buying and selling proceeding in a normal manner.Volume is dropping as the availability of shares is tightening before the next moves are likely to take a continued upward trend.
All that is required is patience, and a positive state of mind.
All the Best to All
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Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.97M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PEN (ASX) Chart |
Day chart unavailable