OCBC (technical)

OCBC: Trading Central notes the stock recently broke down a key rising trend line, which remained as a support since mid nov '12. Moreover both the short term and medium term moving avgs are now above the prices and the daily RSI is heading downwards, without displaying any reversal signals. As long as $10.80 holds as resistance, the house tips for a new pullback to $9.90 and $9.50 in extension.