Perennial China Retail Trust (technical)

Perennial China Retail Trust, Technical appears to be trending consolidating/trending at these levels, with RSI and ADX displaying relatively neutral directions, although Stochastics could suggest some slightly upside ahead. Resistance appears to be at $0.485 for now, following which a breakup could see price attempt to close the gap at $0.50. Do also note that Kuok Khoon Hong and Pua Seck Guan has been increasing their stakes on the counter via open market purchases the last few days, and would not be surprised if mkt latches on this news as support/further catalyst for the stock.