Technical Analysis Nov 2017: OCNCASH (0049)
OCEANCASH PACIFIC BHD (0049)
Observation from Chart:-
OCNCASH is forming descending triangle pattern.
Will it breakout resistance & go higher?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.73 level.
Subsequent resistance @ RM0.78 level.
Immediate support @ RM0.685 level.
Subsequent support @ RM0.675 level.
Let's watch closely.
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