Technical Analysis Sept 2011: OSK (5053)
OSK HOLDINGS BERHAD
Observation from Chart:-
On 9 Sept 2011, OSK retest RM1.52 resistant level.
Will it break through this resistant? Or retrace down?
Other indicator:-
MACD is moving toward positive region.
Stochastic %K still on buy call position.
If able break through RM1.52, immediate resistant would be MA100 which is RM1.55 level.
However, it might be a short term pull back, retest MA50 or MA20 support level.
Subsequent, strong support at RM1.30 level.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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