OSK's uptrend to continue

OSK has just surpassed its strong horizontal resistance at RM2.00 as well as its recent high at RM2.03 (see Chart 1). This could signal the continuation of its prior uptrend. Its next resistance is at RM2.25 & thereafter at RM2.40.


Chart 1: OSK's daily chart as at Dec 15, 10.00am (Source: Quickcharts)



Chart 2: OSK's weekly chart as at Dec 15, 10.00am (Source: Quickcharts)

Based on the upside breakout at RM2.00-2.03, OSK could be a good trading BUY.