OCK Group may rebound further after it tested MYR0.65 support recently. Given that it has formed a white candle for the third consecutive session, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.70 level, with an exit set below the MYR0.65 threshold. Towards the upside, the near-term resistance is at MYR0.765. This is followed by the MYR0.805 level.
Source: RHB Securities Research - 5 Jun 2018
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Created by rhboskres | Aug 26, 2024