PEN channels Long

PENINSULA ENERGY LIMITEDASX

Description

⋅ Nov 20, 2023 3:38 AM

PEN - ASX
Lagging Uranium Miner.
Macro downwards channel.
Another parallel channel since 2011 with breakout in 2021.
Currently retesting diagonal breakout zone arrow -32% on day.
Volume seen high since 2021.
Target 0.40

Trend Analysis