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OCBC ST: key resistance at 11.10.
Trading Central | 2019-09-05 09:30:00

Short positions below 11.10 with targets at 10.50 & 10.20 in extension.

Pivot: 11.10

Our preference: short positions below 11.10 with targets at 10.50 & 10.20 in extension.

Alternative scenario: above 11.10 look for further upside with 11.40 & 11.80 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:
11.80
11.40
11.10
10.77 Last
10.50
10.20
9.80

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-05-2019 at 11:30 UTC+1
Price reference: 10.77 last known on 09-05-2019 at 11:30 UTC+1
Investment horizon: ST

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