ONLY WORLD GROUP HOLDINGS BERHAD (5260)
Observation from Chart:-
OWG retrace down from RM2.50 high to RM1.65 level (approx -34%.)
Will it rebound at this support level?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ pending trigger buy call.
Immediate support @ RM1.65 level.
Subsequent support @ RM1.38 level.
Immediate resistance @ RM1.85 level.
Subsequent resistance @ RM2.00 level.
Let's watch closely.
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