MYX:OCK SUPER SLOW STOCK IMPATIENT PPL PLS SKIP
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...
Strong banker still in position. Support at 495 and immediate resistances at 540, 570. I believe this counter can go further if it can maintain its price above 525. Disclaimer: Trade at your own risk.
OCK Trend: Semi bullish Rst: 0.65/ 0.68 Spp: 0.615 Green candle emerged from channel breakout zone at 0.615 and testing to complete its rounding bottom formation. As BB is pushing wider and volume is strong, more upside can be expected. But do note, this counter suggest to trade with smaller capital as the swing is pretty wild.
1.VOLUME IS INCREASING 2.IF BREAKOUT TL, MORE MOMENTUM OF BULLISH WILL HAPPEN 3. WATCH OUT FOR MACD CROSS, POSSIBLE OF STRONG BULLISH