As I said, "Just IMO" - based on various TA. The main reason was that 3days for a wave 4 is too short for my liking. The weak green volume vs strong red volume was just something I could observe without EOD data.
I can't remember if you are one of the "charts are for space cadets" preachers here so I'll leave it at that.
Disclosure: Reentered yesterday at 0.125. Cancelled my 0.115 buy order, something about the market as a whole is unsettling me. Happy with my modest PEN holding.
As such it is in my disinterest to downramp. I doubt this will be recognised.
PEN Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held
