Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
OCBC is starting to show some hair line crack as the stock indeed hit the supply range of 9.06-9.16 as predicted yesterday and starting to suffer some selling. The high today was 9.08 and it could not sustain anymore. Look at the 5 minute chart, the amount of sellers was building and there soon there will be an avalanche of major sellers forcing the stock down. Be alert.