Stock Code: 0049 Ocncash has formed a bullish engulfing candle to close above the EMA20 level accompanied by rising volumes. The MACD Histogram extended another green bar, while the RSI has risen above 50. Monitor for a breakout above the RM0.725 level, targeting the RM0.82- - RM0.86 levels. Support will be anchored around the RM0.675 level. source: Malacca Securities Research – 21/08.2017
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