RHB Retail Research

Trading Stocks - Opcom Holdings

rhboskres
Publish date: Thu, 17 Feb 2022, 09:11 AM
rhboskres
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RHB Retail Research

Opcom Holdings is set to propel upwards after breaching above the immediate resistance of MYR1.12 yesterday – printing a “White Marubozu”, coupled with high trading volume. If it stays above that level, the bulls may climb towards the next resistance level at MYR1.40, followed by MYR1.61. However, the momentum may lose steam if it falls below the MYR1.03 support – forming a “lower low” bearish pattern.

Source: RHB Securities Research - 17 Feb 2022

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