$2.87 low of 23 March is what is currently controlling it. It seems to be respecting that low of $2.87 for now.
From the past 2 hours action, it appears it is going to hold. But that doesn't mean this is the bottom and we get an uptrend back up to $4.00 from here.
What I think is we start a small bounce here of 5-6% size to $3.02-$3.05 (close that recent gap) and the weakness and problems continue. Down to next support at $2.71 of 24 December 2018, then worst case to $2.65 .
This is not going to go up beyond $3.29 in the next 12 months. There is no positive event that will make it go up anymore.
There needs to be a catalyst for this to turn around. Penn needs to really focus and do something.
$2.87 low of 23 March is what is currently controlling it. It...
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Last
$3.89 |
Change
0.020(0.52%) |
Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.90 | $3.87 | $44.47M | 11.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 147175 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 209963 | 12 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |