Thursday, November 17, 2005

OCBC (O39) - To invest now?



All major indicators are beautiful!, You name it: RSI, ADX, MACD, Stochastic, Willian % R, Price ROC. A bit worrying is the volume did not increase as price went up. Nevertheless,the Bollinger Band is also started to spread outwards now - a sign of a potential ride along the upper band. Watch out for a volume boost to dive in anytime now to capture the first cream of this Financial Gem!
You may not believe it, but I have "deep pocket" friends who got RICH just by accumulating and investing only in OCBC & SPH over the years!

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