GOcean may move higher after posting a five-month high last Friday. A purchase can be made above last Friday’s close of RM0.265, with a close below the same level as a stop-loss. The price targets are RM0.30 and RM0.33. A close below RM0.265 should see the stock lower, and a close below last Friday’s low of RM0.23 may eliminate the upward bias.
Source: OSK
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