Ock
OCK - Mid-Long Uptrend Reversal ?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 follows.
R1 : 0.580
R2 : 0.640
R3 : 0.725
S1 : 0.485
S2 : 0.435
Short term view:
Indicators used :
Turtle Trading System by kgiap123
www.tradingview.com
Fundamental View :
klse.i3investor.com
OCK - Completing Rounding Bottom FormationOCK
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.
