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OCBC Bank
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tt1010880
Senior |
03-Jun-2020 11:34
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Thanks all, covered the shorts in time. Looks like uptrend again. | ||||
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FATABA
Supreme |
03-Jun-2020 11:20
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" " " Wahaha, I expect below 9 to buy back. Talk again. hehe " " " w HK n Japn all up ....n strong support I am not sure it will fall back to below 9 . $$ in pocket is still better. ( covered even if drop more as this mkt is crazy )
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tt1010880
Senior |
03-Jun-2020 11:10
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Thanks just bought back my shorts! Shorted earlier at 9.12 and 9.17 was a wild ride I must say. |
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NT1825
Master |
03-Jun-2020 10:59
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Shorting now is disastrous. Insti buyers are in already Mon and Tues, showed the numbers. This am some counters opened much higher are the works of insti investors. They will be here until they make their margin. Just follow the flow. | ||||
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tt1010880
Senior |
03-Jun-2020 10:54
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Wahaha, I expect below 9 to buy back. Talk again. hehe | ||||
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FATABA
Supreme |
03-Jun-2020 10:43
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Good short ....what u expect it to drop back to ? yr 912
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limcs84
Member |
03-Jun-2020 10:06
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Broken liao
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taxiuncle
Veteran |
03-Jun-2020 09:58
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Too many trillion in the market liao......hot hot money..... | ||||
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NT1825
Master |
03-Jun-2020 09:52
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Job report is nothing new. ..all part and parcel of covid 19 hence already discounted. Market don't even care the riots in small town but focusing more on opening of businesses.
Anyway all the best
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Starship
Supreme |
03-Jun-2020 09:51
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tt1010880
Senior |
03-Jun-2020 09:49
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https://markets.businessinsider.com/news/stocks/nouriel-roubini-dr-doom-economist-predicted-riots-months-ago-protests-2020-6-1029268529 Markets are going to go down soon. Short now make money tomorrow! |
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newbieliu
Elite |
03-Jun-2020 09:45
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so confident?
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tt1010880
Senior |
03-Jun-2020 09:43
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Shorted 9.17! tomorrow it will fall after jobs report. Today is hyped up. | ||||
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tt1010880
Senior |
03-Jun-2020 09:38
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Shorted ocbc 9.12 , tomorrow will fall after jobless and riots in USA market bring down all markets. | ||||
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NT1825
Master |
02-Jun-2020 14:38
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DBS is 20, OCBC is 8.8 Percentage increase is almost the same 1.93% and 1.85% . Both looking good | ||||
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john_ric
Supreme |
02-Jun-2020 14:01
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ocbc is laggard. dbs uob all broke 20$ already. ocbc should break $9. |
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Stockerman
Member |
02-Jun-2020 01:13
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Paging Tan Ku Ku..
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NT1825
Master |
02-Jun-2020 00:44
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today was quite close 8.79 - then profit taking came in. Next 2/3 day cycle will touch 8.8x or 8.9x OCBC is still considered cheap at p/b 0.8 and eps 13.0% one of the highest
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john_ric
Supreme |
02-Jun-2020 00:16
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the gap to $9 is wide. need hugh good news to push up. what are the possible catalists? |
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Xstriker83
Member |
01-Jun-2020 21:15
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https://www.tradingview.com/chart/O39/oZWZt8Jb-OCBC-further-price-decline/ Hello esteemed investors, chirping in with some TA here. Looking for alternative interpretations from bulls (if any). Looks really hard to make a bull case across financials at the moment. Money Flow Index: 33.24, small room for further decline. Might also be biased towards 27th May distribution volume ex dividend. (Uncertain) CMF: - 0.29 as of 29th May. Major sell off unlikely, limited room for major demand declines (Uncertain) Moving Averages: Likely for 14 day SMA to cross under 50 day SMA ( Bearish ) Fib Retracement: Resistance at 9.07 (38.2%) remains untested, period selected from 20th Feb to 23rd March for Fib Levels ( Bearish ) MACD: MACD line crossed under Singal Line, unlikely to break above the 0 line into positive territory soon ( Bearish ) Side note, Bollinger Bands look to be tightening, may have stronger price action soon, hopefully to lower price levels! End May Events: - Rising U.S-China Tensions over HK security legislation - Protests emerging across U.S, George Floyd incident |
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