OKA Corp may rebound higher, says RHB Retail Research

OKA Corp may rebound higher, says RHB Retail Research
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KUALA LUMPUR (Jan 20): RHB Retail Research said OKA Corp Bhd may rebound higher after it continued holding above the 76 sen support.

In a trading stocks note today, the research house said as the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced.

“A positive bias may emerge above the 76 sen level, with an exit set below the 76 sen threshold.

“Towards the upside, the immediate resistance is at 83 sen. This is followed by the 87.5 sen level,” it said.