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PELIKAN International
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9:44 am
May 14, 2011


shanti

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PELIKAN International shares were inching up on renewed bargain-hunting buying the past two days. From the technical point of view, this stock has the potential to resume the recovery process. If prices can overcome the 100-day simple moving average (SMA) of RM1.20 and penetrate the 200-day SMA of RM1.25, the outlook would be much clearer. Solid support is pegged at RM1.

9:44 am
May 14, 2011


shanti

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posts 20
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Great share. I really like from the technical point of view, this stock has the potential to resume the recovery process. Thanks
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