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RHB Retail Research

Author: rhboskres   |   Latest post: Mon, 9 Dec 2019, 10:36 AM

 

Trading Stocks - OCK Group

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OCK Group has been consolidating below the downtrend line in recent weeks – indicating a potential consolidation phase is developing after the prior upward move. A bullish bias may emerge if the downtrend line is breached in the coming sessions. Towards the upside, immediate resistance is set at MYR0.64, followed by MYR0.70. A stop-loss can be placed below MYR0.565

Source: RHB Securities Research - 12 Apr 2019

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Labels: OCK

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