A little introduction of OceanCash with I copy from ISaham.my

and according to Isaham, the basic FA is pretty good too.

Since mid last year 2015, OCN revenue has drop and they have bought a land to build their factory in Indonesia, which has effect a lot in their profit. From the below QR results taken from malaysiastock.biz ,it's very clear that their nett profit is affected by their new factory expenses in Indonesia.

 and so, it has affected their share prices.

from the chart we can see that since 13th January 2016 to 5th July 2016, the price has drop from 0.50 to 0.315 which is a difference of 0.185. A huge drop of 37%. 

Anyway, after OCNCASH has finish setting up their new factory and also after their soft launch they have shown a good result in Q2 2016 and they promise a better result for the following quarter, AND, they kept their promise.

It is proven their Q3 results are getting better than what they have promises, And they promise that their Annual Report for 2016 will be better than 2015 even thought they have a bad Q1 2016.

Let's move on to their TA now.

After the downtrend crisis for OCN since July 2016, it's price has start to rebound from 0.315 to 0.43 dated 14th October. Which is a rises of 0.115 a 36.5% of increment. So this will bring us to the short term trend.

Even after the good Q3 2016 QR report, the price do not have any good movement since then, but since OCNCASH has kept their promises, I have good faith in them and waited patiencely.

Today we can see that OCNCASH has finally show some responses.

From what I can see that OCNCASH has a very strong support at 0.385. In other way, it also has 3 challenging resistance to breakthrough before it can climb back to the price of 0.50. Those 3 strong resistance are, 0.405, 0.43 and 0.457 respectively. It will take a while to reach the Jackpot Resistance, because I believe that everyone is waiting for OCNCASH last QR 2016 aka Q4 2016, to proof their performace. Their final QR 2016 will be launch at estimate date of 26th FEBRUARY 2017.

So my conclusion is that I have high hope in OCNCASH promises and astounding performance for 2016 but at the moment, we need to be patience and patience is the key. 

NOTE: THIS IS NOT A BUY CALL OR SELL CALL, I'M JUST SHARING MY RESEARCH AND THOUGHTS.