Rakuten Trade Research Reports
Technical View - OKA Corporation Bhd
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Publish date: Wed, 27 Oct 2021, 09:19 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
OKA Corporation Bhd (OKA, 7140)
• Share price closed 1.7% higher at RM0.910 on Tuesday.
• OKA has broken out from its symmetrical triangle with high volume and see higher lows since 27 Sept.
• The share price is now trading above all key moving averages. Backed by upticks in its indicators, the share price is poised to move higher.
• Resistance levels are identified at RM0.930 (R1) and RM0.960 (R2).
• On the flipside, support levels are pegged at RM0.875 (S1) and RM0.835 (S2).
Source: Rakuten Research - 27 Oct 2021
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