OCK
vcp pattern/ symmetrical triangle
price action have been showed contraction from the past 2 year in 3 days TF. price action have been tried fbo (sos) to do the shakeout weak hand holder in the past.
currently trading in the zone of support 382 fibo.
a great bo above 455 will be a nice change of trend
however, broken support or cl if more than -8% from...
OCK ascending triangle spotted with harmonic pattern inside it. wait for the price to cross up fibo886 ie 430. The 52-week low is 425 which is a potential rebound price.
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Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to...
OCK - Major 5G Infrastructure player and truly a hidden gem. With continuous positive news towards the rollout of JENDELA and MyDigital Initiatives, we will see good upside potential.
Breakout from triangle formation to form bullish momentum
Stoch sloping upwards with strong volume
OverSold + Strong Banker Bar
FiFt Green + Buy on Dip Star
Very nice risk...
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.
Price recently broke out from a Weekly Wedge and immediately retested on a key level. It has also formed a bullish engulfing on H4 during the retest, and price is now retracing back to it.
Fib 161.8 matched for extra confluence on first pullback zone.
*DYOR on fundamentals.
