Today Perisai went up and some of my kind reader asking whether it is a buy call!.. Let the Technical Analysis decide for us. Aint that easy hehe..
Observation
1) Trendline - Uptrend( Bullish) and just broke above the downtrend line
2) Formed higher high - Bullish
3) MACD -4R1G signal ( Bullish )
4) RSI - Rebound from 50% ( Bullish )
5) Sto - Bullishcrossover and heading towards 50% (Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -Abandoned baby ( Bullish)
8) Volume Distribution - Buying Pressure is very high from small investors (Bullish) and becareful
0 Points
8 Points
Conclusion
Winner BULL
Volume up by small investor and we just need to be very cautious about this kind of trend because anytime if the big shark is full they might unload this counter. So always watch your take profit and cut loss
Entry Price 0.86
Take Profit at 0.93 and 1.02
Support at 0.77
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
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