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Zyke42
Mar 26, 2021 2:44 PM

OCK - Mid-Long Uptrend Reversal ? Long

OCK GROUP BERHADMYX

Description

OCK - An expert in telco infrastructure, with newfound catalyst due to the MyDigital and JENDELA initiatives , has reignited the 5G Theme.

-Recently breakout from symmetrical triangle formation
- Price is moving up slow and steadily
- Firmly above the triangle upper channel (Potential Uptrend Reversal)

Based on Fibonacci Projection , points of interest are as follows.

R1 : 0.580
R2 : 0.640
R3 : 0.725

S1 : 0.485
S2 : 0.435

Short term view:


Indicators used :
Turtle Trading System by kgiap123
tradingview.com/u/kgiap123/

Fundamental View :
klse.i3investor.com/blogs/ock_the_5G_battle/2021-02-22-story-h1541199613-OCK_Strategic_Positioning.jsp
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