OCBC – Stock Investment Tips (Buy on Weakness)

OCBC has been running up lately from the last breakout @ $9.20. Now its at a upchannel support @$10.00. Long Term support @ $9.60 with near term target of $10.90.

On economic front, SGD should strengthen and propel local investments but the risk of lower loans from the series of property cooling measures could curtail big up surges. Nevertheless, this is one stock to keep a watch out for.

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