OCBC did a low of 6.56 then closes at 6.6. I mentioned before: in a bullish market cycle, I want to see price acceptance before I cut loss. If the price is below 6.6 for a half day, I take that as price acceptance and I will cut. Also I will look at the Dow Jones in the morning, the general sentiment and the level of STI. If OCBC gaps down and bounces up above 6.59, I will still be monitoring it on a half-daily basis.
Basically, I want to be convinced that it is really breaking.
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