OCBC (technical)

OCBC: Trading Central says the stock remains capped by a long term declining trend line since Jan '11, and has clearly reversed down following the downside penetration of the $9.24 key level. In addition, the 20day and 50 day moving avgs are heading downwards, which should limit upside potential. Also RSI remains below the 50% neutral area. Tips stock to post a new pullback to $8.80 and $8.55 in extension.