Technically, it is not looking good for PERMAJU as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. However there might be a glimmer of hope as the price just broke the resistance of 0.35. 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.
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....
ninicola
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Posted by ninicola > 2013-06-17 00:55 | Report Abuse
thanks for the info, bro