OCBC – [ 3rd Target Met, Next Resistance At The Gap?]algo investing.com/wp-content/uploads/2019/03/ocbc-1.png” alt=”OCBC 19th March 2019″ width=”961″ height=”546″ srcset=”http://algo investing.com/wp-content/uploads/2019/03/ocbc-1.png 961w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-1-300×170.png 300w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-1-768×436.png 768w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-1-600×341.png 600w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-1-715×406.png 715w” sizes=”(max-width: 961px) 100vw, 961px”>
algo investing.com/wp-content/uploads/2019/03/OCBC-msg-1.png” alt=”” width=”215″ height=”153″>
Chart Source: Poemsview 19th March 2019
OCBC along with the other two banking stocks continue it run up today edging up 0.6% before a slight retracement.
With the run up today OCBC hits our third target of $11.29 for this round up 2% since our ALERT!
With the $11.29 resistance as mentioned yesterday on the blog overcoming that might see OCBC move up to $11.41 at the Gap resistance.
The gap resistance might be a tough resistance to overcome so it might be wise to take some profit off the table since our ALERT using the simple moving indicator spotted it at $11.06.
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