OSK’s share price increased by 7sen (3.63%) yesterday, on the back of higher trading volume. Following yesterday’s bullish move, OSK’s share price staged a strong resistance breakout from the Ascending Triangle chart pattern. Meanwhile, all the three indicators are also hooking upwards, with the stock charting a “Bullish Marubozu” candlestick. From here, we expect the stock to rally towards RM2.33 (the Ascending Triangle measurement objective). Traders are advised to take profit 3 bids below the aforementioned target at RM2.30, while setting a strict stoploss at RM1.78.