Sunday, September 6, 2015

Technical Analysis Sept 2015: OSK (5053)


OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) is forming lower high & lower low

How about this round, will it form double bottom @ RM1.575 level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM1.575 level.
Subsequent support @ RM1.54 level.

Immediate resistance @ RM1.66 level
Subsequent resistance @ RM1.78 level.

Let's watch closely.

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