OCBC Bank - Upside Potential Limited?

OCBC Bank is currently trading just above the up trend line and is very near to the resistance level of $9.04. Unless the current sentiment in financial sectors change to a more bullish note, otherwise the downside risk is much higher than upside potential. 20D MA, 50D MA and uptrend support line are also very close to each other. If OCBC breaks below these 3 support levels, the 200D MA will be the level to watch.