RHB Retail Research
Technical Analysis - Oceancash Pacific
Oceancash Pacific was testing the MYR0.60 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.645, followed by MYR0.69. The stock may take a breather if it cannot breach above the MYR0.60 threshold in the near term. Support may be found at MYR0.53, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 8 Oct 2018
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