OCBC is currently sitting on the neckline of a Double Tops, and also a 200D MA support. The uptrend has already ended for OCBC since the support is broken and turned into resistance. If OCBC breaks the neckline, the price target of the Double Tops breakdown is $7.00 which also coincides with 38.2% FR level.
OCBC – At the Neckline of Double Tops
- Post author:Marubozu
- Post published:June 10, 2010
- Post category:OCBC Bank
- Post comments:0 Comments