Oct 16, 2015

Opcom – Bullish Bias

OPCOM HOLDINGS BHD Stock Code: 0035

opcom_analysis above: Opcom Daily Chart

Opcom  Holdings  may  rebound  further  after  surpassing  the MYR0.815  level  in  its  latest  session.  Traders  may  buy  as  a  bullish bias  could  be  present  above  this  level,  with  a  target  price  of MYR0.905, followed by MYR0.975. The  stock may turn sideways if it cannot hold above the MYR0.815 level. In this case,  further support is anticipated at MYR0.76, where traders can exit upon a breach.

by RHB Securities 16/10/15

OPCOM HOLDINGS BERHAD
The principal business activities of the Company is the manufacturing and processing of mainly slotted core fibre optic cables and indoor cables.