PERISAI PETROLEUM TEKNOLOGI BHD
Observation from Chart:-
PERISAI forming bolinger band squeeze.
When will it breakout?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K trigger SELL call, pending confirmation.
If able breakout RM0.52 resistance, it might nice.
Else, it might be consolidate side way.
If break RM0.38 support level, it might be another wave of downtrend.
Let's watch closely.
Thursday, February 5, 2015
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