RHB Retail Research
Trading Stocks - OKA Corp
OKA Corp may rise higher after posting a long white candle and hitting its new 52-week high. This can be viewed as a continuation of the bulls extending the buying momentum from 16 Dec’s upside gap. A positive bias may emerge above the MYR0.72 level, with an exit set below the MYR0.70 threshold. Towards the upside, the immediate resistance is at MYR0.80. This is followed by the MYR0.875 level.
Source: RHB Securities Research - 20 Dec 2019
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