I thought I would try my hand in a bit of charting, something I...

I thought I would try my hand in a bit of charting, something I am still learning so forgive me if i'm off track.  I've been wanting to compliment my FA with some basic TA.

I've noticed a number of things with the PEH chart, firstly 13c looks to be very significant support, on numerous occasions the price has tried to go lower but has been rejected.  Secondly, the volume at these levels has dropped off considerably.  This may indicate that sellers have been exhausted and everyone is waiting for news, which would align well with my FA report posted earlier.

Additionally, to my untrained eye there seems to be a pennant forming, I would be looking for a bit of volume increase and price movement to signal a break of the pennant. @marty386 what do you think, you seem to be the pennant God on HC.