PEN-Peninsula minerals-Uranium,gold

[karlos68]

Here we go again....early stages of another Positive Divergence...volume has been higher than usual since last rally.....Has our time come PEN holders?

PEN 14-6-17.png

[karlos68]

Long Term Descending Wedges of PEN and U308 looking sweet.
Positive Divergence on RSI looking mean.
Higher Volume than usual.

PEN 30-6-17.png

[karlos68]

Seems like an eternity



However, Long Term Descending Wedge, Positive Divergences on RSI and MAC D.

PEN 31-7-17.png

[Joshuatree]

Hi karlos what are you saying here; that the bottom is /nearly in or?

[karlos68]

Hi karlos what are you saying here; that the bottom is /nearly in or?

I've said bottom in prior to a rally previously JT, seen a descending wedge break previously and PEN has bolted, seen it break upper trendline (which it has been touching lower highs) previously and its bolted, I've traded some mean as trades, ...and stuffed up previously and after all this time am down considerably, sometimes mind in good space and all is clear, sometimes too much going on and all is overwhelming......seems much U308 talk from experts/news articles is appreciation of U308 Spot Price is several years away now...all bad news currently, opposite of awesome early 2011 fantastic news..... but, flip, some sort of rally can be expected, how high I don't know............ myself personally am over this sh.t now.

[Joshuatree]

Thanks karlos. All the best for any new less risky strategies.

[karlos68]

Thanks karlos. All the best for any new less risky strategies.

All good JT, I was just abit tanked last night.

Another way to explain is my Fibonacci Fan broke lower trendline while back, thought damn it, got to get myself out of the poor situation, trade it, made good exit just below 80 cents early last year when RSI overbought, bought back in 50 to 60 cents late last year, sold early this year all accounts above 80 cents, now have one account back in positive territory, Mrs got sick and in hospital so I'm running at 110% and drained, flipped up and bought back in Feb (when she in hospital) at around 80 cents, to much going on, once mind got back in good space its way to late, down at 40 cents, told wife not her fault, came to a real understanding life /emotions have larger bearing on decision making, have accepted not cut out for this, however, we have seen previous descending wedges, another is the making with reasonable rally expected

Chart with some previous breaks of wedges
PEN 31-7-17.png

Just could be waiting some time yet

[tim23]

Better finish to the week - breakout imminent?

[karlos68]

Better finish to the week - breakout imminent?

This share that I fell in love with is breaking me tim23................All on this time??

Attachment 9059

[tim23]

Thanks - I topped up in recent capital raising applied for $15k worth and of course got most of them sold most off in mid 50s but still have a few so keen to see possible upturn