OCBC (technical)

OCBC: Trading Central says the stock has broken above a long term declining trend line in place since Jan '11. Notes the 20 and 50 day moving averages are turning up and may display a "golden cross', which is another positive signal. Adds daily RSI stands well above the 50% neutrality area and has quite a strong momentum. Tips as long as $9.38 is not broken, the stock is likely to test the $9.75 resistance before further upside towards $9.95.