Observation from Chart:
PERDANA (7108) forming bolinger band squeeze.
When will it breakout the band?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM1.54 level.
Subsequent resistance @ RM1.64 level.
Immediate support @ MA20 level.
Subsequent support @ MA50 level.
If able break up the squeeze, it's good opportunity.
Let's watch closely.
PERDANA (7108) - Technical Analysis June 2015: PERDANA (7108)
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