ZLBT Chats

Thursday, March 3, 2011

ZLBT's Random Stock Picks >>> Perisai, Petra Perdana

Recommend : BUY ON WEAKNESS
 Perisai shares broke below the lower Bollinger band yesterday, and could re-visit the triple-bottom support from 50sen to 48sen (76.4%FR), prior to a rebound to 55.5sen (50%FR) and 59sen (61.8%FR) given the oversold RSI and stochastic indicators.
Recommend : BUY ON WEAKNESS
Petra Perdana shares approaching a major support base from the 73.5sen low of 18/11/10 on oversold signals, a technical rebound should ensue with potential upside towards 87sen (76.4%FR) and 95sen (61.8%FR) going forward.
GOODLUCK

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