USD/SGD: Shooting Star and Evening Star
USD/SGD is showing a Shooting Star and Evening Star, Bearish Reversal pattern at the resistance. This may be a Double Tops in formation.
USD/SGD is showing a Shooting Star and Evening Star, Bearish Reversal pattern at the resistance. This may be a Double Tops in formation.
OSIM was rejected at 50D SMA Resistance with an Evening Star Reversal pattern.
Öriginal post by Marubozu from My Stocks Investing Journey https://mystocksinvesting.com
OCBC rejected at the previous resistance turned support level (purple line) with an Evening Star reversal pattern. Expect short term pull back to $10.00 long term up trend support line at about $10.00.
A good shorting opportunity for OCBC stock with high reward versus risk ratio.
Note: Earning Release on July 31, 2015.