Technical Analysis Jan 2011: OSK (5053)
OSK HOLDINGS BERHAD
Observation from Chart:-
On 17 Dec 2010, OSK break RM2.23 as 2010 new high record & retrace down to RM1.98 level.
On 7 Jan 2011, OSK retest RM2.19 but unable break up & retrace down to RM1.98 level again.
On 13 Jan 2011, OSK formed a doji sign.
Current support level RM1.98 level.
If future retrace down, next support will be MA50 & RM1.70 level.
However, if rebound, it will retest RM2.19 resistant level.
Let watch closely.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
0 comments:
Post a Comment