Saturday, March 12, 2011

Technical Analysis Mar 2011: PERISAI (0047)





PERISAI PETROLEUM TEKNOLOGI BHD

Observation from Chart:-

Since 3 Mar 2011, PERISAI formed reversal candlestick at RM0.51 level.
In 6 trading days, it have been rebound 32.4% or RM0.165

As 11 Mar 2011, PERISAI retest earlier resistant level, closed at RM0.675 .

If able break above this level, PERISAI would be uptrend.

If retrace down, next support level would be RM0.65 & RM0.60 which is MA50 support level.

Let watch closely.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

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