PEC

PEC after recently price surged to high of 0.81. now price is range trade within 0.81 to 0.775... The vol is also declining during the price consodilation phase and we view this is as a positive sign. As long as the price can stay above the 0.77. PEC will have a high chance to break the 0.81 and heading to next target 0.84...however we need to monitor closely for the T+5 deu. especially after Friday the T+5 due date we shall able to see the final move of PEC. personnally I fell is safe to collect at pullback level. ideally is around 0.775 to 0.785 level and SL can set at 0.77... vested interest.