Thursday, March 8, 2012

Get Focus On This Penny Stock Perisai (0047),Klse

Dow Jones has already touched the psychological barrier of 13,000 points, but not strong enough to leap even further. We hope that the trend is always calm and steady, and the stocks manage to proceed into a normal mode, according to what was happening before the tragedy of World Trade Center some years ago.
The Asian stocks also managed to follow that scenario, and we hope this positive track could be sustained for a couple of months ahead, before man made correction is done.
For small investors, who are mostly depending on stocks to invest, they want to find a way how to use the money so that they could get some profit while ahead. But the resistance of 13,000 is still haunting their mind. So I think the best way is to ask these key players what they are going to do next. They have a lot of money to monopolize the market. They are the determinant of the uptrend and the downtrend so far. So are we going to stay on the sideline?  Or jump into any stocks that may show some sign of positive outlook.
At a glance I could trace a few stocks that shown some sign of bullish retracement. This is only an idea. Sometimes it contradicts to what we have strongly approved before.
Alright, let us start with our discussion today. The stock to stay tune is Perisai. With EPS of 1.49 , it is a good assumption to make a little study on this stock and make a right decision later. The graph shown below was the performance of the stock within 3 months till yesterday.
The nearest resistance is somewhere around 0.98sen and 0.99sen.