Sunday, January 20, 2013

Technical Analysis Jan 2013: OCK (0172)

OCK GROUP BERHAD

Observation from Chart:-

OCK retrace down from RM0.54 high.

How low will it go? Will it rebound @ MA20 support level?

Other indicator:-
MACD trade at positive region, uptrend itinerary.
Stochastic %K on SELL call itineray.

Immediate resistance @ RM0.54 level.
Immediate support @ MA20

Let's watch out reversal signal.

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