RHB Retail Research
Technical Analysis - Oceancash Pacific
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Oceancash Pacific may rebound higher after it continued holding above the MYR0.63 support. In view of the positive slope of the 21-day SMA line, this also implies a positive outlook sentiment. A bullish bias may appear above the MYR0.63 level, with an exit set below the MYR0.63 threshold. Towards the upside, the near-term resistance is at MYR0.70. This is followed by the MYR0.74 level
Source: RHB Securities Research - 28 Jun 2018
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