$华侨银行(O39.SI)$Weekly Chart Technical Analysis
- RSI dip below 50 for the first time since Nov 2020, impending a potential trend reversal
- share price also dip below POC within the fixed range as shown
- reference with previous occasion back in May 2018
Share price could weaken back along $10.50 ~ $11.00 in upcoming weeks
Note:
Point of Control (POC) – The price level for the time period with the highest traded volume.
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