PEN - Peninsula Energy

[Garpal Gumnut]

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




I believe your contribution is suggesting I shall be wrong?

I'm a punter, Karlos, and I'd never accuse another punter of being wrong.

I just don't reckon you are right.

Good on you if it defies gravity.

gg

 

[Karlos68]

I just don't reckon you are right.


gg

Ok Garpul, thank you for a civilized reply.

I have been working on my expanding Fib based Fan chart. The rise in SP of Uranium supports an expectation in rising SP of PEN. I do not know when the break out in uranium will be, but I expect it will show when PEN bolts in a rally. I believe PEN will be at a much higher share price in early 2015. I do not wish to reveal my expectations. We had seen PALA dumping many millions into previous rally. I expect to sell my long term holds in early 2015. Should PEN play to my expectations, I shall place a chart that night as to why I sold and why I believe that it is the rally high

 

[Karlos68]

I'm a punter, Karlos, and I'd never accuse another punter of being wrong.



Good on you if it defies gravity.

gg

My expectations are still on course, repeating action in PEN continues (although recent short term RSI uptrend has broke and I do see a descending channel that started from March 2014.) PEN will have to get cranking in the near future.

I am aware PEN could turn to crap. Good example of an expanding long term Fan formation is GGG. From 2008 it grew until breaking in mid 2012. Bit sad.


I realize I do not need to hold your hand GG, but for the benefit of the masses, my doozy chart from late 2012 showing 1x2 and an overlay on 90 degree angle chart displaying a very rough guide to my expectations up to 2017.

 

[Karlos68]

here is a daily chart of Spot Price which appears to be sky rocketing to outer space.
View attachment 58949

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

Lets look chart


Strewth

 

[Karlos68]

Hi fellas, I hope all you Aussies are well


Talk about an awesome weekend of racing cars last weekend

Kiwis Shane van Gis and Scott McLaughlin kicking butt at Aussie V8 Supercars at Eastern Creek. Kiwi Earl Bamber nailing Porsche in Euro and Kiwi Scott D at Indy in States kicking butt.


Enough about us awesome Kiwis









Decided to POP IN and see whats happening at PEN




Lets look U308

Holy toledos Batman, the charts don't lie:fu:



PS Superhot update coming soon

 

[Karlos68]

Flip, PEN touched 1.9 cents

...................we shall see sub 2 cents

See, told ya so

 

[Karlos68]

I am aware PEN could turn to crap.

Expanding Fan still choice
OBV still fine
Darn 90 degree angle chart becoming a worry

 

[uraniumhead]

PEN - uranium sector turning around

PEN has a potentially fantastic project in the US. What bothers me is the outstanding loan from BlackRock that's due in December. Anyone have any ideas how will PEN go about refinancing this loan?

 

[dengo]

What's 15.5c - 90% Karlos?

1.55c

Looking like the bearish rectangle's about to break out

Measured move target = 2.0 - (2.7 - 2.2) = 1.5c




http://www.leavittbrothers.com/education/chart_patterns/rectangle_bearish.cfm

 

[Karlos68]

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.


View attachment 57905

Recent sub 2 cents price action has finally touched the lower trendline of my Fibonacci based Fan chart

C & E is a 90 degree angle.

Fibonacci Golden Ratio
A x 1.618 = B
B=C
D x 1.618 = E


Rock on 2015:guitar:

 

[Karlos68]

For the sake of those with an interest









Oh the suspense:grinsking

 

[dengo]

Looking like the bearish rectangle's about to break out
Measured move target = 2.0 - (2.7 - 2.2) = 1.5c

Bear Flag break-out on surging volume
Previous RSI support tested and now resistance
Slow Stochastic bearish cross below 50

Measured move target = 2.0 - (2.7 - 1.5) = 0.8c



http://www.leavittbrothers.com/education/chart_patterns/flag_bearish.cfm

 

[Karlos68]

As the days roll into weeks, so the weeks roll into months and the posts become far and few between.





Is it time to flick off the lights??








or

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

Lets look chart



A tear of sadness speaks volumes,.....praise the saviour.....for he proclaimed timing the low is the hard part........for his memory is held within thy heart.......All hail the almighty El Capo.......The Messiahld:

 

[Karlos68]

Lets look chart
View attachment 62325


....praise the saviour.....for he proclaimed timing the low is the hard part.........All hail the almighty El Capo.......The Messiahld:

As I look toward the night sky, I have fond memories of thy holiness El Capo stating PEN must move sub 2 cents before the rise upwards......



I request all thee to stand, bow heads and pray gratitude to El Capo the almighty, ......as I now present evidence of the occurring prophecy he foretold to the masses

 

[Karlos68]

Where is tech/a when you need him?

gg

No stress GG, I will save us.




Fortunately work had been quiet for myself on Thursday and Friday this week, so I was firmly planted in front of ASB Securities Trading Screen

Saw buyers build at open on Thursday.

BAM...3 cents gone

BAM 2.9 cents gone

Satisfied the RSI indicator is simply not cooling before another move upwards from the Overbrought situation, PEN in another historical rally and fall, I dumped 1140000 at 2.8 cents on Thursday.

Couldn't believe my luck that open on Friday there was approx. another 1.5 million for sale at 2.8 cents.......BAM, Karlos smashed 890000 soon after open.


Shall provide my expectation of PEN upcoming movements via chart in near future.

Karlos

 

[Karlos68]

No stress GG, I will save us.

Flip...2.6 cents today. Who would of thought Share Price may trend down?

Satisfied the RSI indicator is simply not cooling before another move upwards from the Overbrought situation, PEN in another historical rally and fall, I dumped 1140000 at 2.8 cents on Thursday.

Couldn't believe my luck that open on Friday there was approx. another 1.5 million for sale at 2.8 cents.......BAM, Karlos smashed 890000 soon after open.

Oh that's right....I did.

Shall provide my expectation of PEN upcoming movements via chart in near future.

Karlos

Still coming fellas.......still coming

 

[Karlos68]

I will save us.

Shall provide my expectation of PEN upcoming movements via chart in near future.

Apologies for keeping all in suspense.




My chart depicts the forward movement of PEN






Time to hibernate:sleeping:

 

[Karlos68]

Saw buyers build at open on Thursday.

BAM...3 cents gone

BAM 2.9 cents gone

Oops.....My error....Not "buyers build", meant "sellers build".

 

[piggybank]

Up 10% today. I don't own shares in this company.

 

[penergy]

Hey Karlos

I took great amusement in reviewing your recent prophecies over here too, FYI