Wednesday, June 12, 2013

OCBC (technical)

OCBC: Trading Central notes the stock accelerated on the downside following the break down of a key rising trend line. Prices are below the short term and medium term moving averages, and a "bearish crossover" has appeared. Also RSI is heading downwards. As long as $10.55 holds as resistance, the house tips for a new pullback toward $9.90 and $9.50 in extension.

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