ASX_Limitlesss

$PEN Peninsula Energy

Long
ASX:PEN   PENINSULA ENERGY LIMITED
Bullish 3rd wave confirmed over 0.215 if it can move into that new high
Failure to do so may see the stock fall back into its corrective phase wave 2
Comment:
Close out trade. 0.215-0.340
It is still corrective in nature to so support will be tested below
We can identify this by the symmetry in the wave lengths and the fibonacci

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.