Tuesday, 18 October 2016

Stocks To Watch on 19/10/2016 - YOCB(5159) & OWG(5260)

YOCB Daily Chart

Refer to the blog written on 13/10/2016; http://fatta888.blogspot.my/2016/10/stocks-to-watch-on-13102016-yocb-5159.html, YOCB (5159) resumes its uptrend with one long white candlestick and higher than average traded volume in the latest session indicating a very strong bullishness ahead after tested and retraced from the 50% Fibonacci Retracement level on 13/10/2016 and closed above this level after the market closed.

The recent high of MYR1.37 should be the next target for YOCB to test in the coming trading days. 

OWG Daily Chart

OWG (5260) ended with one long white candlestick with significant increased in traded volume in the latest session signaling the bull started its journey to the north.

Foresee the bullishness will continue in the coming trading days with nearest level to test is MYR2.46.

Good luck and happy trading!

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