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PESONA: 11 Month Breakout

Tags: pesona

PESONA (Stock Code: 8311). Yesterday, Pesona gapped up 1.5 sen (3.6%) to close at RM0.43 to break out from its 11-month ‘rounding bottom’ chart pattern formation. The underlying trend looks encouraging as the share price is currently trading above all its key moving averages. MACD histogram has also staged a bullish convergence to rebound away from the zero-line, while the up-trending RSI is



This post first appeared on Bursa Malaysia Stock Market Analysis Digest, please read the originial post: here

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PESONA: 11 Month Breakout

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