Perisai’s sideways consolidation could be over after the firm move on high volume yesterday. A purchase can be made above RM0.90, with a close below RM0.84 as a stop-loss. The price target is RM1.12,
provided that RM1.00 is violated. Failure to break RM1.00 should see it continuing its sideways trend. Further support is at RM0.80.
Source:
OSK
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