Just about 2 weeks back after the recent sell down in the markets on trade war concerns between the US and China…
We have seen OCBC selling down all the way to a low below 12.50 before some bargain hunting came back…
We then spotted a CRUCIAL move with OCBC rebounding back above the key 13.00 on some bullish price actions…
As such, some upside targets were drawn.. See what I mean below…
Just last week, we have seen our 1st target at 13.60 breached buyers were still looking strong…
Therefore, revised targets were drawn again with further upside expected….
Seems like we are heading towards that revised target at 14.00 today…
Likely to attempt the push higher again where we can see the next upwards phase as drawn previously…
Would also like to Protect profits for now for those who have rode the rebound phase… ;)
Want to know how to pick and ride counters like these?
No comments:
Post a Comment