Genting and OCBC are the stars of today’s Mid-week peek at how some of our counters are doing.
Many are resting after their moves so we need to be patient.
In the mean time, we do have a couple of runners to keep things interesting.
Genting and OCBC are moving up today and rewarding our patience.
I do believe we will see a few more running if STI can cross this threshold.
The STI is at a key level as we will see below.
Moving into the current range high. Will we breakout or get resisted?
Pay attention these few days.
Genting looks like it’s getting ready to make a move, watch out for it.
Banks seem to be moving, OCBC is on the move up.
Looks like it’s resting here for a bit.
Resting now, is our hero running out of steam? Keep a close eye on him.
Slowly moving, needs patience, reacting a little off previous support, follow system.
Not triggered yet. Broad market is now at resistance, I think it’s a good hedge to your overall portfolio in case we really drop from this level on the STI.
Triggered, into long term resistance, be patient and follow trading plans.
Many counters have paused, I suspect they are waiting to see what the STI does at these levels as well.
Trade safe folks!
The post Mid-week Peek: Genting And OCBC Are Moving! appeared first on The Systematic Trader | Trading Courses | Collin Seow.
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