Sunday, September 10, 2017

Technical Analysis Sept 2017: OSK (5053)


Observation from Chart:-

OSK (5053) forming bolinger band squeeze within RM1.53 to RM1.68 range.

Will it breakout & go higher?

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

Immediate support @ RM1.60 level.
Subsequent support @ RM1.57 level.

Immediate resistance @ RM1.66 level
Subsequent resistance @ RM1.68 level.

Interim dividend RM0.025 which will be ex-date on 21 Sept 2017

Let's watch closely.

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