An important development took place on 20 February 2014 where the price of PERMAJU broke the resistance of 0.315. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
i believe permaju will rise slowly>that is good sign is better like this rise slowly this counter not suitable for contrarian>better buy and keep im still collect >if this counter will stable above 0.315>i will buy another more >smile>be along term dont chase >that all
The support and resistance level of PERMAJU are 0.29 and 0.31 respectively. It is observed that the MACD line of PERMAJU is above the centreline indicating some degree of strength in the price movement.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
munmeng
99 posts
Posted by munmeng > 2014-02-18 15:11 | Report Abuse
better buy a coffin to bury it!