RHB Retail Research
Trading Stocks - OCK Group
OCK Group continued to extend its rebound on improved volume profile after it recently tested the MYR0.47 support level twice. Possibility is high that the stock has completed its correction phase and is ready to resume its upward move. A positive bias is expected to appear above MYR0.50 with resistance levels set at MYR0.55 and MYR0.575. A downside breach of MYR0.50 would cancel this positive expectation.
Source: RHB Securities Research - 2 Mar 2021
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