spring a ding or dong!, page-10

Ok, what im seeing is that we are about to break a very long Monthly downtrend line with very little effort, assuming im right of coarse.

I also note that in the Daily the MACD is about to cross in oversold territory, I know what your saying Soul_Surfer that the volume may point to no demand, but I think things are warming up and if it goes plonk my stop loss will save me :D

Should also mention that PEN will be soon entering a new era of pre-construction so it wouldn't be surprising to break out of some old trends. I also think the 5mil buying line at 5.4c should not be discarded, yes the market depth is easily manipulated but whenever the depth has built up the way it are seeing the share price has well and truly not fallen.