OCBC Bank has formed multiple tops with resistance at about $9.13 and currently trading in a Rising Wedge. Rising Wedge is a reversal pattern in an uptrend. Breaking down this Rising Wedge will send OCBC share price to $7.40. OCBC stock price is currently trading just above the 200D MA support. This 200D MA support coincides with the Rising Wedge Support. The chart looks bearish at the moment.
DMX Tech breakout from a Falling Wedge and reach the price target of $0.54. It is time to get out at this level due to the following reasons:
It is time to take profit and keep money in your pocket! Good luck!
UtdEnvirotech stock price has been on bullish note for the past few days but it looks like the stock price is reversing soon! Currently UtdEnvirotech is hitting the uptrend channel resistance with a doji at today closing, although other technical indicators are still showing bullish signal. RSI and stochastic are in overbought region. Next immediate support at $0.44.
