ONLY WORLD GROUP HOLDINGS BERHAD (5260)
Observation from Chart:-
OWG forming bolinger band squeeze.
Will it breakout RM1.27 resistance level?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K on buy call itinerary.
Immediate resistance @ RM1.19 level.
Subsequent resistance @ RM1.36 level.
Immediate support @ RM1.13 level.
If break RM1.13, lower low is confirmed.
Downtrend might resume.
Let's watch closely.
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