Thursday, July 31, 2014

OCBC (technical)

OCBC: RSI and Stochastics at the overbought region, with Stochastics starting to point downwards, after yesterday's bearish shooting star candlestick pattern. Would wait for further confirmation on the bearish signal on the counter's close today. Support at $9.65 followed by $9.40, while resistance levels are at $10.10 and $10.30.

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