$OVERSEA-CHINESE BANKING CORP(O39.SI)$Low risk for any short term hold. Ocbc maintained price in 2008 even as oil prices shot up high. It only fell drastically from late October that period. If brent oil remains high due to this temporary scarcity due to the war, based on sentiments people probably still want to hold on to this stock. Price should be able to hold or even increase slightly way to ex-dividend with slight increase. However, the only sign to look out for is a M shape oil price trend, which showed us that it later means crisis. For now, can happily trade around this price because there is really still excess cash from the covid period.
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