30 October 2016
After analyse the other two major local banks, it is time to analyse OCBC.
O39 | Oversea-Chinese Banking Corporation OCBC Weekly
The price can not break any higher, and also can break any lower. The price stop somewhere near what twelve months ago price. See another chart for details.
O39 | Twelve Months Oversea-Chinese Banking Corporation OCBC Weekly Chart
A negative thirty (30) cents gain after twelve months. What a zero sum game!
O39 | OCBC | Oversea-Chinese Banking Corporation and 21 EMA Wave
O39 | OCBC | Oversea-Chinese Banking Corporation and MACD
The price is in accumulation, a breakout is near. Well, will see.
O39 | OCBC | Oversea-Chinese Banking Corporation Weekly Data From 2015
Picture worth a thousand words. Needless to explain, you can understand well from the chart.
Moses Singapore Stock Desk
AmiBrokerAcademy.com
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