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OCK Group may trend higher, says RHB Retail Research

TheEdge Thu, Aug 22, 2019 08:33am - 9 months ago

KUALA LUMPUR (Aug 22): RHB Retail Research said OCK Group Bhd may trend higher after it breached above the 60 sen threshold.

In a trading stocks note today, the research house said this close has sent the stock to its highest close in more than four months, thereby enhancing the positive sentiment.

“A positive bias may emerge above the 58.5 sen level, with an exit set below the 53 sen threshold.

“Towards the upside, the immediate resistance is at the 64 sen level. This is followed by the 68 sen level,” it said.

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