OKA CORPORATION BHD
Long
Updated

OKA Analysis

96
Disclaimer: This is not a buy call but for learning purpose

Technical analysis
  • Large volume spike for few days
  • Testing next resistance and in accumulation/distribution phase.
  • RSI & ZL-MACD above centerline

    Trading idea (Buy on support)
  • Entry price: 0.680
  • Cut loss: 0.670
  • TP1: 0.710
  • TP2: 0.730

    Trading idea (Buy on breakout)
  • Entry price: 0.720
  • Cut loss: 0.710
  • TP1: 0.750
  • TP2: 0.770

Trade closed: stop reached
Cut loss reached.
Lesson learned: Strongest support is 0.665

Disclaimer

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