RHB Retail Research

Trading Stocks - Oceancash Pacific

rhboskres
Publish date: Fri, 24 Apr 2020, 04:36 PM
rhboskres
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RHB Retail Research

Oceancash Pacific may climb higher after it formed a second consecutive white candle yesterday. This can be viewed as a continuation of the bulls extending the rebound from 22 Apr’s “Bullish Engulfing” pattern. An upbeat bias may emerge above the MYR0.495 level, with an exit set below the MYR0.40 mark. Towards the upside, the immediate resistance is at the MYR0.595 level, followed by the MYR0.63 threshold.

Source: RHB Securities Research - 24 Apr 2020

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