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Technical Review–OCR Group Berhad

EquityJourney
Publish date: Sun, 21 Jul 2024, 03:03 PM
We had identified OCR Group Berhad as our next Trading BUY target, here’s WHY:
  • OCR has been riding on a significant uptrend since the breakthrough of key resistance level 7.0 sen in May 2024.
  • Both EMA/MA shows a very strong continued uptrend momentum, with fund flow indication (represented by red bars below) showing a positive sign ahead.d
  • OCR is still well supported on 12.0 sen, which we believe is a test on the support level.
  • We think OCR is expected to challenge 13.5 sen and 15.0 sen in the short-term.

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