Tuesday, May 9, 2017

Technical Analysis May 2017: OCK (0172)


OCK GROUP BERHAD

Observation from Chart:-

OCK forming bolinger band squeeze.

When will it breakout?

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

Immediate resistance @ RM0.925 level.
Subsequent resistance @ RM0.96 level.

Immediate support @ RM0.87 level.
Subsequent support @ RM0.85 level.

Let's watch closely

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