PEN - Peninsula Energy

[dengo]

Appears to have been a short term bear flag break-out today
Measured move target = 2.1c

Tested previous flag support today, which now acts as resistance.
Increasing volume compared to the action inside the flag confirms the pattern/target.
Price resumes the Bollinger band hugging down-trend.

 

[Karlos68]

And I yours Karlos.
I put your rising support line on a monthly chart, (seeing as it's over a ten year time frame).
A touch in the near future would mean 1.5c or thereabouts.
Kind regards

View attachment 57905

Interesting dengo.
I have previously noted on my Fib based fan chart that perfection in touching the lower trendline would be about 1.8 cents. Proportional height vs width edits a chart. Admittedly I was taken back my ASB broker chart now proportionally shows lower trendline on Fib Based Fan chart touching lower trendline. Your proportions provides evidence of mid 1 cent lows.
Possibly next few days we may see announcement PALA have sold again. Wonder if some some young dumbass running PEN account sold millions today due to viewing your charts on ASF dengo.


Mate, as buddy to buddy, moving the markets via Internet Forum Market Intervention is frowned upon by HC members. Ive supported your efforts previously when the masses pursued a witch hunt on your ass mate.
In this instance, I have not spent time on working out the low, should one of your multitude of projections play out, then we all on ASF can clap and say "dengo, you the man bro, you the man'

 

[Karlos68]

..........., does anyone have any share price predictions?

How ironic 1 year ago that this poster is audible to the masses.




Disgraceful this member of ASF does not provide recent praise to the efforts for myself and dengo






Shame on you Col:bonk:

 

[dengo]

...should one of your multitude of projections play out

Hi Karlos,
Pen's chart is revealing new patterns/targets at a rapid rate.
Projections are changing, but the direction isn't.
Today we have a short term rectangle with a measured target of 1.9c

"If the pattern is on the smaller size, then the expected price movement should mirror the price movement preceding the pattern."
http://www.leavittbrothers.com/education/chart_patterns/rectangle_bearish.cfm



Thought this may be of interest, seeing that spot U has hit $28.50 today...

 

[Karlos68]

How ironic 1 year ago that this poster is audible to the masses.............................................

I was trying to say....

Ummmmm


Sort of like



Sheez, that flippin bourbon again colossus, ignore the late night antics in NZ, sorry bout that

 

[Karlos68]

Hi Karlos,
Pen's chart is revealing new patterns/targets at a rapid rate.
Projections are changing, but the direction isn't.

Blah, blah, blah, blah........

Im not trying to be a smart alec dengo. My point is Ive heard this nonsense before on HC by respected members attempting to save the masses.


When I get around to it, I shall build a chart combining my 90 degree and Fib based fan chart with possibly other charts/ indicators overlaid to project the movements that will happen in the next few years for PEN.

V8 supercars to look forward to this weekend
Till next time:bekloppt:

 

[dengo]

Ive heard this nonsense before on HC by respected members attempting to save the masses.

Not interested in saving anyone/calling bottoms etc, just providing some balance to the dross that passes for TA over there.
Golden Crosses, Flag Formations, Ascending Triangles :bad:

 

[Karlos68]

Not interested in saving anyone/calling bottoms etc, just providing some balance to the dross that passes for TA over there.
Golden Crosses, Flag Formations, Ascending Triangles :bad:

View attachment 57990

Ok dengo, nice post.
I do concur with your Wyckoff Market Cycle chart as it plays to my long term uptrend

Also a worthy mention of your Pump N Dump chart recently. They had intraday lows before rallies during the long term downtrend last few years. Late last year PEN based at 2 cents, your only need check back longer than a decade and you will see history repeating again, rock on next few years to the higher high

 

[Karlos68]

I do concur with your Wyckoff Market Cycle chart.....................

Just noted Wyckoff chart was an overlay for recent 3.8 cent rally earlier this year.

Short Term or Long Term, Wyckoff chart all the same

 

[Garpal Gumnut]

Where is tech/a when you need him?

gg

 

[Boggo]

They didn't listen to him in 2011 so I doubt if he would even be the least bit interested in posting a view now.

I would be more more interested in hearing from Hangseng and colB etc. Haven't seen much of them on here for a while

Touching.

I just cant get past an "Investor" that sits buy and watches his "Investment"
lose 60% of its value and fail to capitalize on it! Whilst talking it up in the 10c+ area yet stone quiet at 6c-7c.

You guys puff each other up as astute value investors yet I see some pretty basic investment errors in the short time Ive been on this thread. Rose colored glasses.

Just another opinion.

 

[dengo]

I would be more more interested in hearing from Hangseng and colB etc.

I'll second that!
I'm anxious to hear about all the boxes PEN have been ticking recently...

Weekly chart shows another bearish MACD cross / bearish RSI center line cross combination
I've marked the last couple of times this has occurred
Note the price action that followed

 

[Karlos68]

Where is tech/a when you need him?

gg

For the benefit of the masses, I shall explain Garpul Gumnuts post for you all:
GG is requesting tech/a to hold his hand

 

[Karlos68]

They didn't listen to him in 2011 so I doubt if he would even be the least bit interested in posting a view now.

I presume "They" are the masses.

I would be more more interested in hearing from Hangseng and colB etc. Haven't seen much of them on here for a while

Problem is boggo, we get individuals like GG dealing a baseball bat to "reichmans" knees some time ago which may have instilled fear to individuals who wish to share a fundamental view without intimidation.

 

[Karlos68]

I'll second that!
I'm anxious to hear about all the boxes PEN have been ticking recently...

Weekly chart shows another bearish MACD cross / bearish RSI center line cross combination
I've marked the last couple of times this has occurred
Note the price action that followed

Hey dengo, you and I have placed projections recently. Seems some think our contributions are nonsense.
When I have built my projection chart for next few years, I shall open a competition for the next PEN rally as to "approx. share price" and "approx when this will occur" competition. I shall set the rules. Time for some to Put Up or Shut Up. I do place specific invitation to boggo, GG and tech/a. Invitation is to all. Naturally I wish your effort dengo. I will definitely place an effort, in the unlikely event I am wrong, I wont say "Hahahaha, I was just kidding"


I shall be in touch fellas, night night:bekloppt:

 

[Karlos68]

Sad state of affairs when an individual who places F/A well in advance of events unfolding for PEN sees the masses dealing to the individual on HC.

I appreciate your efforts dengo.


2.4 cents ya reckon.

Maybe bud, maybe.
View attachment 57870
PEN will form a higher low, the share price at which this will be is the dilemma.
Some folks spend tens of thousands on technical analysis. For free, all one need do is Google search "Fibonacci calculator" and type in recent high and low.

I typed in "2" cents as previous low formed on an awesome long term higher low base and then "3.8" cents as this is the recent high in my predicted (actually will happen) long term uptrend.

The results:
50% retrace is 2.9 cents
61.8% retrace is 2.7 cents
76.4% retrace is 2.4 cents


With Fib retrace and your measured move dengo, you could well nail this

:fu:Yeah bro, sold my DTE at 16.5 cents as looking cooked on the RSI. Placed a buy on PEN for 620k at 2.5 cents as RSI getting to oversold (as predicted by my charts in advance). Decided by myself that the lowest it could go is 2.4.

Kudos to yourself dengo as one of your multitude of projections was 2.4 cents. I feel the need to applause, I do hope the masses follow suite:dance:


When I get the chance, I shall assist the masses with a chart




PS Once upon a time we had Batman and Robin..........then Superman and Superboy..........modern times we have Karlos and Dengo

 

[Karlos68]

Had a quick play. Another work of art for the benefit of the massesView attachment 57823
Almost there fellas, just a little lower on the RSI then another rally later this year.. You heard it first from me

Lets glance at a chart to see if Ive nailed it again.





Well look at that would ya:guitar:. I told ya so. Not so long ago I placed an order for 620k at 2.5 cent as likely low would be 2.4 cent based on T/A.
Decided to sell my short term trade yesterday at 3 cents because I just felt like it. No T/A reason, simply because.
Have my long term holds in 2 other accounts which I plan to sell at a later date.
Massively busy at work. Meeting with Lawyer this Wednesday in regards to possibly proceeding with Defamation case against my wifes asshole Uncle. Busy, busy, to much boozing also (any folk offended by my posts need to harden up, its a faceless forum for flips sake), so need a break on saving the masses.

Its all up to you now Super Dengo, the masses need you, be brave, they need saving
I know this as I torture myself senseless due to reading HC

 

[Garpal Gumnut]

Where is tech/a when you need him?

gg

They didn't listen to him in 2011 so I doubt if he would even be the least bit interested in posting a view now.

I would be more more interested in hearing from Hangseng and colB etc. Haven't seen much of them on here for a while

I'll second that!
I'm anxious to hear about all the boxes PEN have been ticking recently...

Weekly chart shows another bearish MACD cross / bearish RSI center line cross combination
I've marked the last couple of times this has occurred
Note the price action that followed

View attachment 57992

For the benefit of the masses, I shall explain Garpul Gumnuts post for you all:
GG is requesting tech/a to hold his hand

Quite the opposite. I merely wished for tech/a's expertise as he is the most eloquent in displaying your relative ignorance of matters technical.

Lets glance at a chart to see if Ive nailed it again.




View attachment 58171
Well look at that would ya:guitar:. I told ya so. Not so long ago I placed an order for 620k at 2.5 cent as likely low would be 2.4 cent based on T/A.
Decided to sell my short term trade yesterday at 3 cents because I just felt like it. No T/A reason, simply because.
Have my long term holds in 2 other accounts which I plan to sell at a later date.
Massively busy at work. Meeting with Lawyer this Wednesday in regards to possibly proceeding with Defamation case against my wifes asshole Uncle. Busy, busy, to much boozing also (any folk offended by my posts need to harden up, its a faceless forum for flips sake), so need a break on saving the masses.

Its all up to you now Super Dengo, the masses need you, be brave, they need saving
I know this as I torture myself senseless due to reading HC

Despite the unwelcome re-iteration of your dispute with your wife's uncle, the poor sod, may I ask you to reflect again on the chart and give an "expert" opinion on how you see PEN, a darling of the desperate, going.

gg

 

[Karlos68]

Quite the opposite. I merely wished for tech/a's expertise as he is the most eloquent in displaying your relative ignorance of matters technical.

My ignorance??? UP YOURS

Despite the unwelcome re-iteration of your dispute with your wife's uncle, the poor sod, may I ask you to reflect again on the chart and give an "expert" opinion on how you see PEN, a darling of the desperate, going.

Don't you even start with my wifes Uncle, lawyers (yes 2) have stated previously you can do him for his actions, its a matter of if we wish to pursue to prove a point.

As the overall tone of your post is to request an "expert" statement from myself as to the next high in which PEN will run to then, ...."Nah, cant help, you are not at kindergarten anymore bro, seek assistance from your fellow Aussies as this Kiwi is no longer holding ya hand:swear:"

 

[Joe Blow]

My ignorance??? UP YOURS

Karlos, is this really necessary? Please stop provoking others, and avoid posting while under the influence of alcohol.

Back on topic please.