Wednesday, October 2, 2013

OCBC (technical)

OCBC: share price has fallen back down to trade within the $9.80 - $10.50 band. Near term price action is negative, based on the declining indicators. A close below the $10.27 support (200day moving average) could pave the way for share price to test the lower end of the trading band over the next couple of weeks.

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