Tag OCBC

Ichimoku Chart Review : OCBC and Wilmar

Today, I am just going to stray away from the US stocks and briefly discuss about 2 stocks on the Singapore Exchange.
1. Wilmar, in the commodity sector. A darling that has went 3 folds since the lows in 2009. It was also included in the STI Index last year.
2. OCBC. One of the 3 major [...]

OCBC (O39) : Ichimoku Bearish Cross Sighted

OCBC just had a bearish cross today.
Confirmation with Tenkan sen – Kijun sen crossing each other.
The Chikou Span has also start to cut the price line on the way down.