Eye On Stock, Opensys
OPENSYS (M) Bhd 
(code: 0040) showed the strongest sign of recovery yesterday as its share price surged 2.5 sen to an intraday high of 32.5 sen.
The advance took the stock past the key simple moving averages (SMAs), suggesting a return of positive sentiment.
The stock has been struggling to reclaim lost value since coming off a high of 36.5 sen on Nov 21, 2018. The subsequent correction took the share price to a recent low of 27.5 sen on Jan 3, before it saw a rebound.
Looking at the daily price chart, the key SMAs have been looking increasingly bearish. The 50-day SMA crossed under the 100-day SMA in December 2018 and is continuing its descent towards the 200-day SMA.
...
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
Related Stocks
| OPENSYS | 0.370 |
Comments