RHB Retail Research
Trading Stocks - Oceancash Pacific
Oceancash Pacific may rebound further after it tested the MYR0.52 support recently. Last Friday’s white candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.55 level, with an exit set below the MYR0.52 threshold. Towards the upside, the immediate resistance is at the MYR0.63 mark, followed by the MYR0.70 level.
Source: RHB Securities Research - 9 Mar 2020
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