Tuesday, September 18, 2012

OCBC

OCBC: Trading Central notes share price is bouncing back above the 20day MA and 50 day MA, with the validation of a bullish flag pattern calling for further gains in the coming days. Adds, RSI is bouncing off a significant horizontal support level at 41. Sees targets at $9.60 and $9.90 in extension on further recovery. Tips support at $9.11, which if broken could see downside to $8.80.

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