PERDANA PETROLEUM BERHAD
Long
Updated

Perdana - (Update from the previous Chart)

310
This Stock is continuously going up and still in uptrend move. This update to show another potential flag breakout.
Note
I've never expected it could break the flag pattern today while my expectation supposed to be another 2 candles. Since technical indicator for stochastic is already crossed, my expectation the price will break another 52weeks high.
Note
The movement of this stock is getting weaker after the disposal done by the board of director on 18th June. Currently there are no sign of reversal on this stock.
Trade closed: target reached
I will close my comment because it already reaches the target price.
Thank you.

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