Saturday, March 25, 2017

Technical Analysis Mar 2017: OSK (5053)


OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) forming bolinger band squeeze within RM1.55 to RM1.58 range.

Will it breakout & go higher?

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

Immediate support @ RM1.55 level.
Subsequent support @ RM1.50 level.

Immediate resistance @ RM1.58 level
Subsequent resistance @ RM1.61 level.

Final dividend RM0.05 which will be ex-date on 20 Apr 2017

Let's watch closely.

0 comments:

Post a Comment