Rakuten Trade Research Reports

Technical View - OSK Holdings Berhad

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Publish date: Fri, 07 Feb 2025, 09:18 AM
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Technical chart: OSK

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 DataTechnicalRatings
52-week HighRM1.83Entry LevelRM1.75 - RM1.79RSINeutral
52-week HighRM1.38Resistance 1RM1.83TrendBullish
Current LevelRM1.79Resistance 2RM1.93  
  Support 1RM1.70  
  Support 2RM1.65  

Source: Rakuten Research -

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