PERISAI ready to bounce?..

Perisai has been on the slide from 88sen since 20th April and hits a support level of 72.5sen today.... will the stock rebound in the next few days? Technically if volume picks up and the stock hold above 71.5 sen, the stock is expected to recover its losses in the next few days...

Well trade with care cause the KLCI is under much selling pressure such as May effect, increase in interest rates, further monetary tightening by bank negara, political unrest and election uncertainty factor. We can still earn from other market of course but I think perisai has good trading prospect.

Despite the shitty market, think this counter is a good buy afterall the selloff lately and the price looks rather attractive. You decide.