Friday, June 8, 2018

Technical Analysis June 2018: OSK (5053)


OSK HOLDINGS BERHAD 

Observation from Chart:-

OSK (5053) retest strong resistance RM1.01 level.

Will it breakout & go higher?

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

Immediate resistance @ RM1.01 level
Subsequent resistance @ RM1.06 level.

Immediate support @ RM0.92 level.
If break the support, lower low is confirm. Downtrend will resume. 

Let's watch closely.

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