Saturday, June 8, 2019

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.

0 comments:

Post a Comment