coping a post that I made up for the PEN stock thread, thought it would be handy here with our VSA charting members and possibly other viewers, hope it helps ........
done a couple of charts that imo highlight the SM beginning their distribution at the recent highs
this is obviously after the event but it's something that you may wish to watch out for in the future, possibly after a long rise in your stock
even before the unfortunate incident in Japan, I believe that PEN was going to come well off
this was the first major sign of them doing it during the parabolic rise in the share price
weekly chart that's looking at only the recent highs
