Chartwise, Perisai has broken above its recent high of RM1.04. See Chart 1 below. The stock could rise to a high of RM1.15-1.20 (as per the linear Chart 2) or it may shot up to RM1.50 (as per semi-log Chart 3).
Perisai has a bullish outlook based on technical breakout.
Chart 1: Perisai's daily chart as at Oct 8, 2012_3.00pm (Source: Quickcharts)
Chart 2: Perisai's monthly chart as at Oct 8, 2012_3.00pm_linear (Source: Quickcharts)
Chart 3: Perisai's monthly chart as at Oct 8, 2012_3.00pm_semilog (Source: Quickcharts)
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, Perisai.