RHB Retail Research
Trading Stocks - Oceancash Pacific
Oceancash Pacific may rebound higher after it continued holding above the MYR0.56 support. With the 21-day SMA line edging upwards, this implies a positive outlook. An upbeat bias may emerge above the MYR0.59 level, with an exit set below the MYR0.56 mark. Towards the upside, the immediate resistance is at the MYR0.68 level, followed by the MYR0.75 threshold.
Source: RHB Securities Research - 5 May 2020
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