Good evening, above is a daily chart of the STI. The market sold down after Moody's cuts Japan's rating by one notch to Aa3. The STI appears to be finding a bottom. Key support level is 2700. A break below that would signify further downside.
Above is a daily chart of OCBC. $8.645 is a key support level for OCBC. It managed to close above this level over the past three sessions, but today, it closed at $8.50. This is not a good sign and i think further downside risks remain for this counter.
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