Technical Analysis Oct 2017: OCR (7071)

O & C RESOURCES BERHAD 

Observation from Chart:-

OCR (7071) forming descending triangle pattern. 

Will it breakout resistance level & go higher?

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

Immediate support @ RM0.55 level.
Subsequent support @ RM0.52 level.

Immediate resistance @ RM0.57 level
Subsequent resistance @ RM0.59 level.

Let's watch closely.

Technical Analysis July 2017: OCR (7071)

O & C RESOURCES BERHAD 

Observation from Chart:-

OCR (7071) forming symmetrical triangle pattern.

Will it breakout resistance level & go higher?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate support @ RM0.595 level.
Subsequent support @ RM0.545 level.

Immediate resistance @ RM0.655 level
Subsequent resistance @ RM0.68 level.

Let's watch closely.