PEN - Peninsula Energy

[ColB]

All this backslapping from people who have sat by and watched profits fall from 16c to 3 cents
Chalea maybe a novice but your not trading like geniuses either.

Tech, you make a valid point in what you say but Chalea has been seen to do nothing more than take great comfort in highlighting the poor performance of PEN since its highs of 15c or so. A major reason for that as you know was the Fukushima disaster, and investor concerns of continued support of nuclear power by governments around the world .

Chalea has posted numerous anti nuclear articles and has made it quite clear he is no fan of nuclear power. He has posted many charts highlighting technical analyses of where he believes the price of PEN is heading. I have not been able to find any post where he predicts the price of PEN to head anywhere other than SOUTH so I tend to think, probably like many others here that Chalea is the pest of the PEN thread.

No problems with a bit of banter back and forth and a little balance to keep the pro PEN enthusiasts like Hangseng on their toes and it is quite entertaining and educational to hear both sides.

However, some like Chalea, even if only a novice open themselves up to ridicule on days like today with his recent posts.

 

[tech/a]

Tech, you make a valid point in what you say but Chalea has been seen to do nothing more than take great comfort in highlighting the poor performance of PEN since its highs of 15c or so. A major reason for that as you know was the Fukushima disaster, and investor concerns of continued support of nuclear power by governments around the world .

Chalea has posted numerous anti nuclear articles and has made it quite clear he is no fan of nuclear power. He has posted many charts highlighting technical analyses of where he believes the price of PEN is heading. I have not been able to find any post where he predicts the price of PEN to head anywhere other than SOUTH so I tend to think, probably like many others here that Chalea is the pest of the PEN thread.

No problems with a bit of banter back and forth and a little balance to keep the pro PEN enthusiasts like Hangseng on their toes and it is quite entertaining and educational to hear both sides.

However, some like Chalea, even if only a novice open themselves up to ridicule on days like today with his recent posts.

Don't get me wrong I haven't read chalea's posts he has been on ignore pretty well since he started posting here.
Guys like him give T/A a bad rap.
Anyway 10c looks good.--- that'll stir up the injuns

 

[Chalea]

Chalea novice

Chalea will be back on the slightest down day, we probably won't hear from him today.

RSI rising strongly...I guess some simply never learn.

Goodness Gracious, the RSI broke it's uptrend & has now tested/confirmed it as resistance.

Also note today's exhaustion gap and the impending RSI bearish divergence.
Bearish engulfing candlestick tomorrow is highly anticipated to confirm the multitude of red flags on the PEN chart!



:bananasmi:bananasmi:bananasmi

 

[Chalea]

The imminent mountain of excess uranium must surely have a negative impact on the price of uranium.

It will undoubtedly cause PEN's 3.0c gap to be filled! :bananasmi

"Fukushima fallout 'to hurt prices for years'

The warning that it could take until 2014 before uranium prices recover dashes hopes of investors who have in recent weeks bought in heavily to Australian and Canadian uranium producers and explorers in the expectation that uranium demand would rebound more quickly from Fukushima than first thought.

ERA told analysts at a briefing yesterday that the uranium market would remain subdued until excess supply, caused by Japan's nuclear shutdown and curtailments elsewhere, cleared the market.

It said market prices were expected to rise in the 2014-2020 period, driven by an expected shortfall in production from proposed new mine developments."

Click here

 

[notting]

No problems with a bit of banter back and forth and a little balance to keep the pro PEN enthusiasts like Hangseng on their toes and it is quite entertaining and educational to hear both sides.

:bowdown:Exactly.

And when you spell like I do, your easily impressed!

 

[ColB]

:bowdown:Exactly.

And when you spell like I do, your easily impressed!

Notting!!! It's you're not your!!

 

[ColB]

"Fukushima fallout 'to hurt prices for years'

The warning that it could take until 2014 before uranium prices recover dashes hopes of investors who have in recent weeks bought in heavily to Australian and Canadian uranium producers and explorers in the expectation that uranium demand would rebound more quickly from Fukushima than first thought.

ERA told analysts at a briefing yesterday that the uranium market would remain subdued until excess supply, caused by Japan's nuclear shutdown and curtailments elsewhere, cleared the market.

It said market prices were expected to rise in the 2014-2020 period, driven by an expected shortfall in production from proposed new mine developments."

Click here

Well that article certainly scared the PEN investors off today. Only went up 17.65%.

Chalea, that long green candle thingy, that thing that finishes on a high, is that a bulllish macrami or something??

 

[notting]

Notting!!! It's you're not your!!

Oh Gosh. The apostrophe! :22_yikes:

 

[spudman]

"Also note today's exhaustion gap and the impending RSI bearish divergence.
Bearish engulfing candlestick tomorrow is highly anticipated to confirm the multitude of red flags on the PEN chart!"

And the 'red flags' can be found where ?? LOL

 

[Chalea]

Goodness Gracious, the RSI broke it's uptrend & has now tested/confirmed it as resistance.
Also note today's exhaustion gap and the impending RSI bearish divergence.
Bearish engulfing candlestick tomorrow is highly anticipated to confirm the multitude of red flags on the PEN chart!View attachment 45949

Bearish RSI divergence confirmation today plus a Bearish Harami reversal candlestick pattern...:bananasmi

 

[tech/a]

Technically a good day for PEN
Will mark up and post a chart tomorrow

 

[tech/a]

Technically a good day for PEN
Will mark up and post a chart tomorrow

I now expect PEN to continue on its way.

There could be a day with a very high Parabolic rise.
if so I will be trailing a stop right up behind it.I would expect this to be supported with very very high volume. 8.5c is where I think it will run out of puff and correct for a while.
In the meantime if you have the opportunity to milk it----

CLICK TO EXPAND

 

[Chalea]

Bearish RSI divergence confirmation today plus a Bearish Harami reversal candlestick pattern...:bananasmi

View attachment 45966

Long term Coppock Indicator falls below zero...



:bananasmi

 

[Chalea]

Bearish RSI divergence confirmation today plus a Bearish Harami reversal candlestick pattern...:bananasmiView attachment 45966

Bearish Deliberation Candlestick Pattern leading up to historic support/now resistance level @ 6.0c




:bananasmi

 

[Miner]

Bearish Deliberation Candlestick Pattern leading up to historic support/now resistance level @ 6.0c

View attachment 45980
View attachment 45981

:bananasmi

I would be very much interested to see how PEN reacts with the candle stick graph on Monday when market opens.

Good luck with your charting.

 

[Chalea]

In the meantime if you have the opportunity to milk it----

"Is It Ethical to Invest in Nuclear Power?

...The fact that a small minority of humans living today are essentially handing over a huge ecological threat to future generations is ethically reprehensible"

Link

 

[beatle]

I now expect PEN to continue on its way.

There could be a day with a very high Parabolic rise.
if so I will be trailing a stop right up behind it.I would expect this to be supported with very very high volume. 8.5c is where I think it will run out of puff and correct for a while.
In the meantime if you have the opportunity to milk it----

CLICK TO EXPAND

View attachment 45978

Tech/a, I note an old post of yours on the RED thread (#1458):
"Nothing to do with the two companies and everything to dowith the same "type" of fanatical following by those with a vested interest.
In PEN'S case a few went from riches to rags kicking and screaming all the way.
It was and still is un thinkable that their pet could possibly drop 400%
Not only that but they rode it all the way to the bottom " averaging down" all the way!

The comparison is limited to the above without the 400 % crash but certainly with the same dissection of every announcement and in depth discussion/speculation.

But RED IS different isn it! "

It was at a time when it obviously suited you to rubbish RED, maybe you were trying to get into the stock (which is what you refer to "milking the opportunity" I guess, lol!).

Seems now you must have a position in PEN?

I don't plan to rubbish PEN but I do have a cynical view of the posts you make! Based on your own past comments it could go down to rags from here I guess.. But don't let that get in the way of a good story.

By the way, if you consider PEN and RED similar in terms of their possibility to blow up (your past sentiments, not mine), then I will tell you from a fundamental point of view they are at vastly different points in the development process. So I suggest you just look at the charts because if you knew PEN remains a substantially speculative explorer
you would run for the hills, lol!

 

[tech/a]

Tech/a, I note an old post of yours on the RED thread (#1458):
"Nothing to do with the two companies and everything to dowith the same "type" of fanatical following by those with a vested interest.
In PEN'S case a few went from riches to rags kicking and screaming all the way.
It was and still is un thinkable that their pet could possibly drop 400%
Not only that but they rode it all the way to the bottom " averaging down" all the way!

The comparison is limited to the above without the 400 % crash but certainly with the same dissection of every announcement and in depth discussion/speculation

But RED IS different isn it! "

It was at a time when it obviously suited you to rubbish RED, maybe you were trying to get into the stock (which is what you refer to "milking the opportunity" I guess, lol!).

Damned your smart----- sprung!

The power of ASF and my own ability to single handedly
Bring RED and PEN down to a price worth buying and now
Single handedly getting them to rise.

How did you spot that I was sure I was subtle!

Seems now you must have a position in PEN?

Brilliant

I don't plan to rubbish PEN but I do have a cynical view of the posts you make! Based on your own past comments it could go down to rags from here I guess.. But don't let that get in the way of a good story.

Yes it could stay tuned.

By the way, if you consider PEN and RED similar in terms of their possibility to blow up (your past sentiments, not mine), then I will tell you from a fundamental point of view they are at vastly different points in the development process. So I suggest you just look at the charts because if you knew PEN remains a substantially speculative explorer
you would run for the hills, lol!

That I will when it stops making me money
As I do with all my holdings.
Fortunately I don't need to concern myself with announcements
Or speculation of " facts "
If analysis says buy I buy. Sell I sell.simple really.

 

[Robbo]

I now expect PEN to continue on its way.

There could be a day with a very high Parabolic rise.
if so I will be trailing a stop right up behind it.I would expect this to be supported with very very high volume. 8.5c is where I think it will run out of puff and correct for a while.
In the meantime if you have the opportunity to milk it----

CLICK TO EXPAND

View attachment 45978

I appreciate your posts tech/a, insightful, educational and getting to the point/keeping it simple. I've moved from a 'fundy' in 07/08 to trading with technical analysis thats since moved into Wyckoff/VSA methods and have found your posts immensly helpful in improving my trading. Thankyou
Its amazing how many people still just don't get it!

 

[tech/a]

I appreciate your posts tech/a, insightful, educational and getting to the point/keeping it simple. I've moved from a 'fundy' in 07/08 to trading with technical analysis thats since moved into Wyckoff/VSA methods and have found your posts immensly helpful in improving my trading. Thankyou
Its amazing how many people still just don't get it!

Well all our friends here "get it"
In their OWN way.

" You can only know what you know "

In my world there is a great deal I don't " need " to know.
Which our friends here are sure I/ we have / need to know!

I just don't get it!