OSK HOLDINGS BERHAD
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 negative region, downtrend sign.
Stochastic %K pending trigger BUY call.
Immediate support @ RM1.57 level.
Subsequent support @ RM1.53 level.
Immediate resistance @ RM1.63 level
Subsequent resistance @ RM1.68 level.
OSK proposed Bonus Issue
Source: http://www.bursamalaysia.com/
Let's watch closely.
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