OCK looks to be attempting to stage a reversal in the latest session, forming a white candle to cross above the 21-day SMA and multi-week downtrend lines. A positive bias may emerge above MYR0.49, with resistance levels marked at MYR0.535 and MYR0.55. A stop-loss can be placed below MYR0.49.
Source: RHB Securities Research - 1 Sept 2020
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Created by rhboskres | Aug 26, 2024