Thursday, March 26, 2015

Technical Analysis Mar 2015: OSK (5053)

OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) retest RM2.19 resistance level.

How about this round, will it succeed breakout?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.

Immediate support @ MA20 support level.
Subsequent support @ RM2.04 level.

Immediate resistance @ RM2.19 level
Subsequent resistance @ RM2.30 level.

Let's watch closely.

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