Eye On Stock: Petra Energy
PETRA Energy Bhd 
(code: 5133) continued its recovery on Friday, gapping up at the opening bell as it headed towards the overhead 100-day simple moving average (SMA).
The stock bounced off a low of 58 sen on May 27, leading to a rebound that saw the share price rise above the short-term moving averages.
As it stands, the share price remains woefully under the year’s high of RM1.26, which was reached in mid-March.
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