O & C RESOURCES BERHAD
Observation from Chart:-
OCR (7071) forming descending triangle pattern.
Will it breakout resistance level & go higher?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.
Immediate support @ RM0.55 level.
Subsequent support @ RM0.52 level.
Immediate resistance @ RM0.57 level
Subsequent resistance @ RM0.59 level.
Let's watch closely.
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