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Saturday, October 10, 2026

Ocbc Bank - Indeed, she had broken down 29.60 and closed lower at 29 last Friday, likely to see further selling down pressure

  Ocbc Bank  - Indeed,  she had broken down 29.60 and closed lower at 29 last Friday,  likely to see further selling down pressure. Next, she may go down to test 28.50 - 28.55 and below.


Ocbc Bank  - It looks like local bank starting to see selling down pressure.  Price Gapped down this morning and the price is down 1.89 to 30.31, more weakness to come.

She may go down to test 29.60. If unable to hold, she may go further downward towards 28.55 than perhaps sliding down toward 25.40 if the coming results is not within expectations.  

NAV 13.71.

Yearly dividend 0.83.

Yield is about 2.6%. 

P/B 2.325.

Not a call to buy or sell. 

Pls dyodd. 



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