Technical Analysis June 2019: OSK (5053)
OSK HOLDINGS BERHAD
Observation from Chart:-
OSK (5053) forming double bottom @ RM0.835 level ?
Will it rebound & retest RM1.00 resistance level?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.935 level
Subsequent resistance @ RM0.96 level.
Immediate support @ RM0.835 level.
However, if break the support, lower low is confirm. Downtrend will resume.
Let's watch closely.
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