"Telecommunications counter OCK Group targets to win more contracts from local telcos this year while continuing to expand its business around the South-East Asian markets. It expects to double its order book size to RM140mil."
Today, only 167 counters gained from all 1635 counters. It's makes up only 10% of total market. OCK is one of them.
OCK Group (OCK MK) Technical BUY with +18.4% potential return Last price : RM1.36 Target Price : RM1.44, RM1.61 Support : RM1.24 Stop-loss: RM1.23 BUY with a target price of RM1.61 with stop loss placed below RM1.23. Following a correction from the recent high of RM1.44, OCK’s share price stabilised within the immediate support of RM1.24 before making a breakout from the “flag” pattern on 2 May 14. Given the positive follow-through yesterday, OCK has managed to close above both the 10- day and 21-day SMA lines, which signifies the end of the earlier correction and potentially the start of a new up-leg. This view is consistent with an uptick in RSI and a positive crossover between +DI and ADX lines, suggesting an upward continuation subsequently. Moving forward, we expect OCK to nudge higher and thus peg our upside target at the 1.38x Fibonacci extension of RM1.61 over the medium term.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
matrix6050
1,265 posts
Posted by matrix6050 > 2014-05-05 16:14 | Report Abuse
tewnama: mesti member..i'm still waiting patiently for that person :)