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Straits Times 3,251.33 +11.69 +0.36%
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OCBC ST: under pressure.
Trading Central | 2018-07-04 13:15:00

Short positions below 12.00 with targets at 10.80 & 10.60 in extension.

Pivot: 12.00

Our preference: short positions below 12.00 with targets at 10.80 & 10.60 in extension.

Alternative scenario: above 12.00 look for further upside with 12.30 & 12.50 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:
12.50
12.30
12.00
11.52 Last
10.80
10.60
10.40

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-04-2018 at 15:15 UTC+1
Price reference: 11.52 last known on 07-04-2018 at 15:15 UTC+1
Investment horizon: ST

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