Technical Analysis July 2013: PERISAI (0047)
PERISAI PETROLEUM TEKNOLOGI BHD
Observation from Chart:-
PERISAI succeed break through strong resistance, RM1.65.
How high will it go?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Higher high been confirm, it's opportunity if retest support level.
If retrace down, immediate support @ RM1.65
Subsequent support @ MA20 / MA50 level.
Let's watch closely.
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