RHB Retail Research
Trading Stocks - OCK Group
OCK Group has been consolidating below the downtrend line in recent weeks – indicating a potential consolidation phase is developing after the prior upward move. A bullish bias may emerge if the downtrend line is breached in the coming sessions. Towards the upside, immediate resistance is set at MYR0.64, followed by MYR0.70. A stop-loss can be placed below MYR0.565
Source: RHB Securities Research - 12 Apr 2019
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