![Technical chart: OSK](/pub/blog/bl24/Rep20250207-rakuten-OSK-Technical-View-7-Feb-2025-1.jpg)
OSK Holdings Berhad (OSK, 5053)
- We believe OSK will continue with its uptrend to test higher levels after a bullish flag breakout, followed by an upside gap formed two sessions ago. This indicates that the stock has regained its bullish momentum and is poised to break out from its all-time high at RM1.84, supported by an uptick in EMA lines.
- Thus, we expect the upward trajectory to persist and test the initial resistance at RM1.83 (R1) followed by RM1.93 (R2).
- On the downside, stop-loss is set at RM1.65.
Basic Data | Technical | Ratings |
52-week High | RM1.83 | Entry Level | RM1.75 - RM1.79 | RSI | Neutral |
52-week High | RM1.38 | Resistance 1 | RM1.83 | Trend | Bullish |
Current Level | RM1.79 | Resistance 2 | RM1.93 | | |
| | Support 1 | RM1.70 | | |
| | Support 2 | RM1.65 | | |
Source: Rakuten Research -
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