OCBC – [ Catching The Rebound Using Moving Average, Second Target Met!]

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18th March, 2019, 12:07 PM

OCBC – [ Catching The Rebound Using Moving Average, Second Target Met!] algo investing.com/wp-content/uploads/2019/03/ocbc.png” alt=”OCBC 18th March 2019″ width=”959″ height=”551″ srcset=”http://algo investing.com/wp-content/uploads/2019/03/ocbc.png 959w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-300×172.png 300w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-768×441.png 768w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-600×345.png 600w, http://algo investing.com/wp-content/uploads/2019/03/ocbc-707×406.png 707w” sizes=”(max-width: 959px) 100vw, 959px”>

algo investing.com/wp-content/uploads/2019/03/OCBC-msg.png” alt=”” width=”237″ height=”390″ srcset=”http://algo investing.com/wp-content/uploads/2019/03/OCBC-msg.png 237w, http://algo investing.com/wp-content/uploads/2019/03/OCBC-msg-182×300.png 182w” sizes=”(max-width: 237px) 100vw, 237px”>

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.

Want to know how to use a simple indicator like the moving average to strengthen your analysis?

CLICK HERE to see how you can learn how to plan a sound and actionable trade plan using a simple indicator like the moving average and to be part of this EXCLUSIVE COMMUNITY to enjoy such value added services.




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