PEC after touching the low of 55 cent on 9th Fe 2017, it has since stage a nice rebound and head higher to touch 73 cents on 16th Mar 2017, this is rather positive.
Both the Macd & Rsi are still rising which may provide further indication that the share price may continue to head higher/
The nice breaking out was triggered on 15th Mar 2017 and closed well. Couple with high volume this is generally healthy/bullish.
Short term wise, I think it may like continue to retest the recent high of 73 cents. Crossing over of 73 cents with ease that may propel to drive the share price higher toward 76.5 cents then 80 cents with extension to 90 cents.
( trade base on your own decision)
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