Tuesday, August 27, 2013

OKH Global (technical)

OKH Global: Do bear in mind that the technicals might not be accurate, as there is very little historical data having being recently listed in May. The strength in the uptrend remains intact, supported by the ADX of 25. The average volumes traded have also been increasing slowly, which could imply improving visibility and trading liquidity going ahead. The RSI and Stochastics have not shown any signs of weakness, although staying at the overbought levels. Share price could see support at $0.54 in the near-term, followed by $0.53. A close above $0.575 could see further upside in the near-term.

No comments:

Post a Comment