rmanze

Perdana (Zoom Out) - Waiting for another breakout

Long
rmanze Updated   
MYX_DLY:PERDANA   PERDANA PETROLEUM BERHAD
Previously this stock has made a flag-breakout. And today's opening price has made a gap up by
closing a huge gap on March 20. If today price closes past the trendline, my opinion is that the uptrend to continue the wave 5 may still intact.
Comment:
After profit taking on 1st April, yesterday bullish engulfing candle have been formed showing some movement on price and trying to break 0.35 level. Potential to break the trendline are possible due to the increase in volume. And today best buy price are at 0.345 sen. Still waiting for breakout.
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