OCBC – [ Catching The Rebound Using Moving Average, Second Target Met!]
Chart Source : Poemsview 18th March 2019
OCBC started the Monday morning with a nice upside following Dow Jones lead on friday night. Singapore banks were generally up with OCBC taking the lead up close to 1% before lunch time.
A break above the 5ema at $11.06 for OCBC gave a clue and our EXCLUSIVE CLIENTS were alerted on it. Just within a day and two of our targets were met with $11.20 being the latest target to be hit.
OCBC might see more upside if it can hold above the 20ema which is at $11.20. The next possible upside might be $11.29.
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Yours
Humbly
Kelwin&Roy