OCBC – [ Another New High, Time To Book Profits? ]

2nd May, 2018, 11:23 PM

OCBC – [ Another New High, Time To Book Profits? ]OCBC 2nd May 2018

Chart Source: Poemsview 2nd May 2018

OCBC has been climbing steadily in the recent weeks up over 8% since our first entry at $12.97 just in April.

In less than a month we saw OCBC making new high as banks being part of the STI component stocks were the main driver for our STI rally. OCBC results will be out really soon and we drew the resistance line which it faces now.

DBS reported a good set of results and it might be likely that OCBC might be reporting a good set of results too. But the real question, has OCBC ran ahead of its results. Could the dividend be holding OCBC up too.

We’re watching the uptrend resistance line closely and a trailing stop would be recommended in order to maximize profits.

The Moving Averages have started to cross over but of course if one were to enter now his or her entry might be considered late.

Want to be informed way ahead even before those indicators cross?

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Yours

Humbly

Kelwin&Roy

 

 

OCBC – [ Good Rally For Banks, Multiple Targets Hit, More Upside? ]

22nd April, 2018, 10:17 PM

OCBC – [ Good Rally For Banks, Multiple Targets Hit, More Upside? ]
OCBC 22nd April 2018

Chart Source : 22nd April 2018

OCBC had a strong rally being up over 6% since we spotted it just last week  at $12.97

The banks rallied strongly for the week and OCBC was our selection mainly because of the price point.

It came close to our 4th target of $13.80 before retracing.

OCBC might take a little breather before it continues its upwards march.

If you missed out on the banks due to the steep price then using CFDs for some leverage might be able to help a trader gain some exposure to these blue chips. Banks have rallied and a trader would need to capitalize on such movement in order to survive in this game.

Come 24th April (Tuesday) we’ll share how to use Poems CFDs to leverage on your trade and at the same time learn how to protect your downside.

In addition, we’ll reveal our secrets on how to spot stocks like OCBC, YZJ, Sembcorp Industry WITHOUT USING ANY SYSTEMS but just simple good old techniques.

Join us on 24th April to come discover for yourself.

Seats are filling fast and a limited number of seats are left only!

Click HERE to register and see you all on 24th April

Yours

Humbly

Kelwin&Roy

 

OCBC- [First target hit , any more upside ??]

17th April, 2018, 10:36 PM

OCBC- [First target hit , any more upside ??]

Ocbc Chart 17 apr 2018

Chart Source: Poemsview 17 Apr 2018

OCBC have been having a good move recently and hit our first target of 13.24 today !!

Our Exclusive Clients were informed last week of OCBC when it started to move at 12.97.

Currently it is slightly below 13.24 , if it start to break and stay above this price level,  our next possible target might be 13.48 and 13.58 as per the chart.

IF you like to learn how to use the complimentary SGX enhanced market depth (which Poems is Now providing for FREE until 29 June 2018) and Integrate with our strategy to identify such stocks like OCBC to improve your trading , then Come join us for a FREE 2 hours Jam packed workshop on next Tuesday

Don’t miss out on learning how you can join our exclusive trading community too and receive Ideas like OCBC and others  .

Click HERE if you want to make a difference to your trading journey.

See You on 24th April

Yours

Humbly

Kelwin&Roy

OCBC – [Soaring Through Our Targets, Eyeing Next Target]

24th February, 2018, 8:29 PM

OCBC – [Soaring Through Our Targets, Eyeing Next Target] OCBC 24th Feb 218

Chart Source : Poemsview 24th Feb 2018

OCBC soared through our resistance of $13.29 coming close to 10% upside since we first spotted it about 1 week  ago. As usual, our exclusive clients were informed of this trade analysis before the rebound came.

OCBC opened right at resistance and smashed through closing well above it at $13.37. The volume that followed wasn’t as much as we would like it to so setting a protective stop around $13.20 might be good and especially it has risen quite a fair bit in a week.

Next possible target we might see could be $13.54 area

Banks are having a good run with most breaking through their previous high. UOB hasn’t broken its previous high. Will it do so??

Want to be kept informed of the latest market movement? Or want to learn how to catch such rebound?

Simply click HERE if you are serious about joining our exclusive community where you’ll receive timely whatsapp trade analysis.

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

 

OCBC – [BINGO! Next Target Met, Where To Next? ]

18th February, 2018, 3:12 PM

OCBC – [BINGO! Next Target Met, Where To Next? ] OCBC -18th Feb 2018

Chart Source : Poemsview 18th Jan 2018

OCBC had another good run on chinese new year eve as it hit our next target of 12.80 from our previous post.

Ever since it was on our Top5 shopping list just a week back, it has gained close to 5% on the upside. A very nice upswing in our view.

We continue to apply prudent risk management in such markets and will be alert to any drastic swings in the market.

For now, our might possible swing target might be $13.29.

Want to know what else is on our Top5 shopping list?

Don’t miss out furter and learn how to take advantage of the rebound.

Click HERE if you are serious about joining our exclusive community where we’ll reveal our TOP5 stocks that we’re looking at! OCBC has already met two of our targets!

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

 

OCBC – [Caught The Top Performing Index Stock On Our CNY Shopping List! ]

13th February, 2018, 9:38 PM

OCBC – [Caught The Top Performing Index Stock On Our CNY Shopping List! ]OCBC 13th Feb

Chart Source: Poemsview 13th Feb

OCBC had a nice rebound today emerging as the top performing index component stock up over 2% . Just see below. =)

Well,  it was on our TOP5 stocks shopping list catching the rebound at $12.25 and sending it to our exclusive clients over the weekend as we mentioned in our previous post. The recent pull back has presented a good opportunity to look for quality stocks which we mentioned previously too. Are you prepared? Have you gotten your shopping list ready?

OCBC having hit our first target of $12.61 had some retracement and closed below it. Its results will be out tomorrow before market opens. A positive results might see OCBC moving up to our next target of 12.80 and eventually back to $13.15.

A results below consensus could see it pullback to $11.80. We’re keeping our fingers crossed for a positive one.

Is Confusion and Fear Still overwhelming you?  Maybe we can help? Need a community that can help and encourage you?

Click HERE if you are serious about joining our exclusive community where we’ll reveal our TOP5 stocks that we’re looking at! One of which have already started running.

Open A Trading Account With Us and be updated of  the list of stocks that could potentially benefit from a rebound.

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

 

OCBC – [At A Tipping Point? ]

5th September, 2017, 12:23 AM

OCBC – [At A Tipping Point? ]ocbc

OCBC bank has an interesting set up.  It is part of the STI component and the banks caused a drag to the STI index today. Of course not forgetting the worry that comes from North Korea testing its nuclear capability.

OCBC bank had a nice uptrend since the start of the year.  It had a gap up just on last Thursday but got slammed down this morning and even crossed below its 50MA which hasn’t happen since April.

It is now currently supported by the horizontal support at 10.92. If it breaks below and stays below that we might see more downside. Our entry might be below 10.92 with a stop loss either at 11.04 or 11.15 which is the downtrend resistance.

We would be using Poems CFD to short and if you would like to find out more about CFD feel free to Contact Us and we’ll be glad to assist you in understanding CFD.

Yours

Humbly

Kelwin&Roy

 

OCBC over ran?

16th December, 2016, 2:22 AM

ocbc

Banks have been having a good rally so far and a healthy correction would be good before it can move higher. OCBC has fallen out of its short term uptrend line and it tried to recover to the uptrend line but failed to do so there was also an increased volume yesterday.  IF it can’t break above the uptrend line we might see it head down towards its first support of 9.07 then $9 .

Yours

Humbly

OCBC

23rd November, 2016, 3:33 PM
OCBC Nov 2016
OCBC Nov 2016

OCBC has also hit our target of 8.88 and did a fake breakout and came back down.Hope you all managed to learned something from it. =)

It is now within the band of 8.70 and 8.88. We’ll now observe and see how the banks are doing. IF strength continues in the banks then once OCBC breaks 8.86 and stay above we might consider going long with a tight stop loss at 8.83 or 8.69

Yours

Humbly

OCBC

15th November, 2016, 3:14 PM
OCBC Nov 2016
OCBC Nov 2016

OCBC

Post on sunday just two days back and OCBC broke out and ran up. It moved up to a high of 8.78 can closed back down to the recent resistance of 8.73. We have drawn the potential resistance/targets for ocbc.Lets hope it can move up to 8.88 soon . =)

Yours

Humbly