OCEANCASH PACIFIC BHD (0049)
Observation from Chart:-
OCNCASH is forming lower high & lower low.
How low will it go?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM0.40 level.
Subsequent resistance @ RM0.42 level.
Immediate support @ RM0.39 which is MA200 level
Subsequent support @ RM0.36
Let's watch closely.
Friday, March 25, 2016
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