OCK Group may rebound higher after it continued holding above the MYR0.40 support. As the stock recently rose above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.445 level, with an exit set below the MYR0.40 threshold. Towards the upside, the near term resistance is at MYR0.50. This is followed by the MYR0.55 level.
Source: RHB Securities Research - 21 Dec 2018
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Created by rhboskres | Aug 26, 2024