Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,827
- Reactions
- 10,653
Hahahahahaha.....I found the video highly amusing GG. I cracked up
I believe your contribution is suggesting I shall be wrong?
I just don't reckon you are right.
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'm a punter, Karlos, and I'd never accuse another punter of being wrong.
Good on you if it defies gravity.
gg
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
See, told ya so...................we shall see sub 2 cents
What's 15.5c - 90% Karlos?
1.55c
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
dengo;852370_8th-December-2014 08:46 PM said:Looking like the bearish rectangle's about to break out
Measured move target = 2.0 - (2.7 - 2.2) = 1.5c
El Capo (legend chartist) always said PEN must go sub 2 cents before heading upwards again.
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:
No stress GG, I will save us.Where is tech/a when you need him?
gg
No stress GG, I will save us.
Oh that's right....I did.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.
Still coming fellas.......still comingShall provide my expectation of PEN upcoming movements via chart in near future.
Karlos
Saw buyers build at open on Thursday.
BAM...3 cents gone
BAM 2.9 cents gone
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