AmInvest Research Reports

Stocks on Radar - OCR Group (7071)

AmInvest
Publish date: Fri, 16 Aug 2019, 09:59 AM
AmInvest
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OCR Group may soon test the RM0.265 mark. With a neutral RSI level above 50%, it may climb above the resistance price of RM0.265 towards the short-term target price of RM0.28, followed by RM0.30. In the event it fails to breach the resistance level, support price is anticipated at RM0.25, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.265

Target: RM0.28, RM0.30 (time frame: 3-6 weeks)

Exit: RM0.25

Source: AmInvest Research - 16 Aug 2019

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