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Tuesday, March 10, 2020

Ocbc Bank

A nice green bar after being sold down for the past few days, looks pretty encouraging! Hopefully, we may see a follow through session for tomorrow and tell the 3rd green bullish bar!


 NAV $10.37. Dividend of 53 cents. Yield is about 5.45%. Looks rather attractive!


 If it is able to reclaim $10 and rises higher to cover the Gap at $10.21 that would be positive and may likely move further up to retest 10.80 then $11.00 again.


Not a call to buy or sell.
Pls dyodd.

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