OCBC Takes Three Months to Breakout Higher | A Powerful Breakout | Moses Stock Analysis

May 6, 2017

OCBC Led ST Index to breakout 3200 Points.

Picture worth a thousand words. See the line chart below, the OCBC and STI.

May 3, 2017 Oversea-Chinese Banking Corporation and STI Benchmarking

OCBC and EMA – 34 EMA Wave

Price action is bouncing above MA. MA is slopping from the bottom left to the top right, bullish trend.

 

May 3, 2017 OCBC and 34 EMA Wave

OCBC Breakout Above the Resistance

It takes three months for the price to breakout above the resistance, see chart. This will be a very powerful breakout, even if this is a very emotional one. The price jump up from 9 dollars eighty cent to 10 dollars 10 cents.

Watch the space here.

May 3, 2017 OCBC and Support Resistance

3200 Points Level Straits Times Index Two Years High

May 4, 2017 Straits Times Index Broke the Two Years High

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