PEN - Peninsula Energy

[dengo]

Appears to have been a short term bear flag break-out today
Measured move target = 2.1c
View attachment 57925

Currently testing 2.6c support line of the longer term rectangle
Bearish RSI center line cross suggests support will soon fail
If it does, target = 2.6 - (3.1 - 2.6) = 2.1c

 

[Karlos68]

Excuse my harshness GG.
I shall reply in a respectable manner in time.

Currently testing 2.6c support line of the longer term rectangle
Bearish RSI center line cross suggests support will soon fail
If it does, target = 2.6 - (3.1 - 2.6) = 2.1c

View attachment 58211

OK dengo, I think you are wrong, my explanation as to why below



Update on my 90 degree angle chart with another chart showing accumulation in progress before markup. (For the benefit of HC members reading this post, that's a higher low)

Just a matter of time before PEN breaks from this Ascending Channel

 

[dengo]

OK dengo, I think you are wrong, my explanation as to why below
Update on my 90 degree angle chart with another chart showing accumulation in progress before markup. (For the benefit of HC members reading this post, that's a higher low) Just a matter of time before PEN breaks from this Ascending Channel
View attachment 58299

So Karlos, barring consolidation, PEN will hit 22c before 2.1c, (not my lowest call)?
22c will give PEN a market cap 2.3 x PDN's current $352,000,000!

 

[Karlos68]

So Karlos, PEN will hit 22c before 2.1c

You sly dog dengo, you have already had a fiddle with my 90 degree chart. For those who do not possess printer,straight edge and red&blue pens at home, my chart below is likely similar to dengo working my original contribution.

22c will give PEN a market cap 2.3 x PDN's current $352,000,000!

gibidabaddawa..... gibbadabbiyawwa:bonk:
So what? Who cares? Not me
Sounds Hot Crapperish dengo.
Here is a chart showing irrelevance of PEN Market Crapitalisation to Share Price.







PS Hey look, here is a daily chart of Uranium Spot Price

Just saying fellas......just saying

 

[Karlos68]

........................... 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

I appreciate your politeness Garpul.

If you had said "......give an expert opinion on how you see PEN, a darling of the desperate going and I will be your best friend", then I may have provided an answer.


PS Refer my 90 degree chart (showing long term trend high in 2017) above I provided for dengo, slap another couple of my charts over and you may have a similar expectation for trades to mine.

 

[dengo]

Here is a chart showing irrelevance of PEN Market Crapitalisation to Share Price.
View attachment 58355

What's 15.5c - 90% Karlos?

1.55c

 

[Karlos68]

What's 15.5c - 90% Karlos?

1.55c

Good grief dengo, are you hanging out at the New Hot Even Crappier website lately?

The simplicity of my chart is to provide clarification as to the obvious idiocy that the masses on HC sometimes raise in relation to MC.
Clearly would not be exact figures but coincidently close when one applies 3 seconds of thought to my chart.

I hope my explanation assists.

 

[dengo]

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

View attachment 57972

PS Hey look, here is a daily chart of Uranium Spot Price
View attachment 58356
Just saying fellas......just saying

Spot hit $28.25 today Karlos, (below your support line)

Did you see this recent article?

"...RBC Capital Markets Analysts said worldwide supply currently exceeds demand, and with excess inventories accumulated since Fukushima, is not expecting things to improve until at least 2021.
Uranium mining stocks, already battered in recent times, were sent lower on Thursday off the back of the report."

http://www.miningaustralia.com.au/news/price-collapse-sees-junior-miner-ditch-uranium-to

 

[Karlos68]

Spot hit $28.25 today Karlos, (below your support line)

I stated I was "Just saying"

Did you see this recent article?

Nah, don't care to be honest dengo

 

[dengo]

Pen's chart is revealing new patterns/targets at a rapid rate. Today we have a short term rectangle with a measured target of 1.9c

View attachment 57971

Weekly rectangle breakdown + MACD bearish center line cross points to a 1.9c target

 

[Karlos68]

So your current thoughts for another share price low projection possibility is 1.9 cents dengo.


Previous was 2.1 cents, what happened to 2 cents

1.8 cents on the cards


1.55 cents maybe



Sub 1 cents in the realm

My projection for a sub 2 cent low is still on track.

I could well nail this again

 

[Karlos68]

Decided to provide a superhot update on PEN



Well look at that, candlesticks following downtrendline to touch long term uptrendline, OBV indicator needs to run a little more to touch uptrend line, El Capo (legend chartist) always said PEN must go sub 2 cents before heading upwards again.


1.9 cents ya reckon dengo, Im picking another round of applause is heading your way

 

[dengo]

El Capo (legend chartist) always said PEN must go sub 2 cents before heading upwards again.

Like the rest of the starry-eyed rampers Karlos, that blowhard ignored the possibility of current uranium prices, ($46.50 by Dec 2012 was the final proclamation).

As for PEN, 1.7c in 2013 was the claim...

1.9 cents ya reckon dengo, Im picking another round of applause is heading your way

No need for that Karlos, that's just a pattern target, not the final low I fear.
More confident there won't be a "massive lift off along with uranium wave 3" to follow, LOL

 

[Karlos68]

As for PEN, 1.7c in 2013 was the claim...

yeah?.......well........present 2.2 cents could also be the higher low before upward trend resumes dengo.


Ya see....its like this.... I look at my 90 degree PEN chart then I look at my ****. Looking at my **** on Monday I said to my wife lets exchange some kiwi cash now for $2000 Aussie cash, as we are planning a holiday to Gold Coast in one year. Visiting Dream World. Oldest son will be almost 18 and probably close to leaving home so likely last family vacation. When we finish our holiday, board our return flight to NZ and he asks if Ive left anything behind in Australia?...I shall say "Just my poos and wees son"


Back on topic, lets talk about my ****. El Capo had a TSI which stood for Top Secret Indicator. I have good **** which stands for Super Hot number 1 Tool. Shall post chart next few days, chart will be self explanatory as to why we could be up, up and away soon

 

[Karlos68]

As for PEN, 1.7c in 2013 was the claim...

Correct dengo. El Capo repeatedly said 1.7 to 1.8 cents would be the low and timing the low is the hard part.
Your efforts, El Capos prediction and my 90 degree chart indicate sub 2 cents finally arriving.

Then I look at my Super Hot number 1 Tool I stumbled across about 2 years ago and am thinking we could be up, up and away towards the 20 cents plus high in 2017 before touch down on my Fan Chart.

Ive marked PEN highs and lows on the chart, hundreds of stocks on the ASX and Kiwi exchanges and the AUS/NZ Dollar chart has a unique correlation to PEN, check it out.


Flippin awesome huh

 

[Karlos68]

Just a matter of time before PEN breaks from this Ascending Channel

I endured some pain and read HC
Seems a Top 20 holder is at his wits end, confirmation for myself a rally is uncoming. I already know in advance that this is going to happen. For those who feel intellect exists on HC, I have provided a simple chart as to why I will be right again

 

[Karlos68]

..........a rally is uncoming. I already know in advance that this is going to happen.................

Oops, meant "upcoming"




Quick glance at lastest 90 degree and long term OBV chart



Looking good fellas

 

[Karlos68]

Did you see this recent article?

"...RBC Capital Markets Analysts said worldwide supply currently exceeds demand, and with excess inventories accumulated since Fukushima, is not expecting things to improve until at least 2021.
Uranium mining stocks, already battered in recent times, were sent lower on Thursday off the back of the report."[/URL]

Hahahahahaha............As previously stated "I don't care".


Should suck the masses into selling shares at the bottom (Sad I know)



How about we look chart......

.....look chart.....


....Look chart............Must always look chart dengo





No demand until 2021 ya reckon dengo
Strewth dengo, here is a daily chart of Spot Price which appears to be sky rocketing to outer space.

Above a weekly chart which suggests Ascending Triangle has broken upwards.



Look chart, look chart......Must always look chart







Or read Karlos posts to foresee the future

 

[Garpal Gumnut]

Do tell.



gg

 

[Karlos68]

Do tell.


gg

Hahahahahaha.....I found the video highly amusing GG. I cracked up




I believe your contribution is suggesting I shall be wrong?