PEN peninsula energy limited

volume - we have a proper support ledge now. the technical...

  1. SSA
    721 Posts.
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    volume - we have a proper support ledge now. the technical evidence suggests we have a defined floor in the price. any breakout from here and the main targets outlined (25-27 and 33-36) come into scope (longer term, even higher), but these areas are where we can probably expect some profit taking, and enough downside to unnerve holders. for example from 33-35 we could halve from there before taking off again to 40+

    a company, which has disappointed and under performed, finally looking like it wants to participate in the uranium bull market.
    https://hotcopper.com.au/data/attachments/6163/6163836-7fab8e4c3b38feedebd966780ad7f192.jpg
 
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