OCR Group rose and hit the RM0.165 resistance level. With its RSI indicator pointing upward, coupled with a bullish white candle stick pattern, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.175, followed by RM0.18. The downside support is marked at RM0.15. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.165

Target: RM0.175, RM0.18 (time frame: 2-4 weeks)

Exit: RM0.15
 

Source: AmInvest Research - 10 Dec 2021