PERDANA PETROLEUM BERHAD
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Perdana (Flag pattern breakout)

251
Today, will be a confirmation day. If the price can breakout the flag pattern with a strong momentum and with high volume, the price can go further.
Nota
Price 295 has break and reach new 52 weeks high, forming bullish marubozu candle pattern.
Nota
Energy index have touch the resistance with a strong momentum. If it make a breakout and cross 52weeks high, possibility for this stock to continue its uptrend are high. There also high buying volume at 3.33pm which break the 0.32 price.
Nota
The energy index has surpassed the level of 949.1 and is approaching a 52-week high. If this stock price can close the huge gap on March 2020, i believe the strong uptrend will be continue.

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