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RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 17 Jul 2019, 5:59 PM

 

Trading Stocks - OCK Group

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OCK Group was testing the MYR0.50 level recently. A bullish bias may be present above this point with a target price of MYR0.54, followed by MYR0.575. The stock may take a breather if it cannot breach above the MYR0.50 threshold decisively in the near term. Support may be found at MYR0.435, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 13 Jun 2019

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Labels: OCK

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