if can secure more contract then will push it more higher la or maybe breakthrough the TP 1.30.... petronas still playing hide n seek on the contract awarding progress...
ya,this all may happen or maybe is the signal that contract awarding date is closing or even just around the corner... well,who know what will happen next.... need to look closing for other like skpetro,dialog and other O&G counter....
Share price holding well despite mkt volatility. Quiet stocks like Perdana is what I normally monitor. When volume builds up, it moves. TP is about 33% upside.
i may be wrong...But breakout is when prices pass through and stay through an area of support or resistance. Breakout occurs when price exits an area pattern. Price jumps and there's a gap, as in Perisai recently.
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rogerlim
424 posts
Posted by rogerlim > 2012-11-22 21:50 | Report Abuse
TP 1.30 is quite reasonable and cut loss is 0.93 because the recent low price is 0.92