AmInvest Research Reports

Stocks on Radar - OSK Holdings (5053)

AmInvest
Publish date: Tue, 10 Sep 2019, 11:15 AM
AmInvest
0 9,057
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

OSK Holdings shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM0.935. If this happens, its short-term target price will be RM0.97 followed by RM1.00. If it closes below RM0.935, expect a sideway movement. Support price is anticipated at RM0.895, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.935

Target: RM0.97, RM1.00 (time frame: 3-6 weeks)

Exit: RM0.895

Source: AmInvest Research - 10 Sept 2019

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment