OCBC Bank is forming an Ascending Triangle and currently bounced back from the Triangle support at about $9.30 which is also the 200D MA support.  Current OCBC stock chart looks like going to move above all the 3 Moving Averages and heading towards the potential breakout of this triangle chart pattern. MACD is heading towards a bullish convergence region too. Breakout target price is about $10.20.  Current level looks like an attractive entry level to ride on the short term bull trend for OCBC Bank.

However, current chart pattern will not be valid if OCBC breaks below the 200D MA support.

Intel (INTC) is breaking out from a Symmetrical Triangle with increase in trading volume. This breakout is a bullish signal and also confirmed by the Technical Indicators. Price target is around $22.50.

Technical Indicators

• Stock price above 20D, 50D and 200D MA.
• MACD crossover and move into bullish convergence region.
• RSI is going up.
• Stochastic is going up.
• Stock price is above Parabolic SAR line.
• Stock price is at above Bollinger Band.

Yanlord is going to breakout from a falling wedge. Past two trading sessions ended with two Bullish Marubozu candles with increased in volume.

• Current stock price ($2.41) has broken 20D and 50D MA resistance line.
• MACD has crossovered the signal line and moving into bullish convergence region.
• RSI and Stochastic are heading upward.
• Stock price is at the upper Bollinger Band and above Parabolic SAR line.

Price target remains the same as previous analysis of about $2.85 after breakout. Yanlord has to stay above $2.40 (a critical resistance turned support level of the falling wedge) before reaching the target. Otherwise, the stock will fall back and gyrate in this falling wedge.

Jaya Holding breakout from consolidation today after one month with a closing marubozu candle. All Standard Six Technical indicators show bullish convergence.

• Stock price above 20D, 50D and 200D MA.
• Stock price above Parabolic SAR line
• Stock price at the upper Bollinger Band.
• MACD blue line cross red line at upper half.
• RSI on up trend
• Stochastic Blue over Red lines on up trend.

Immediate resistance is at $0.51 and next resistance is $0.635 (161.8% Fibonacci).

Synear had a breakout from triangle and closed above $0.28 resistance. If the stock price can hold above this resistance line for the next few days, $0.28 will become a very strong support line.

All Standard Six Technical Indicators shows Bullish Convergence.