Monday, 26 February 2018
Oriental Financial Group (NYSE: OFG): 26 February 2018, Monday, 12.33pm Singapore Time
26 February 2018, Monday, 12.33pm Singapore Time
(Click on Technical Chart Above to Enlarge)
Attached above is the Technicals for OFG Bancorp/Oriental Financial Group (NYSE: OFG).
The green circled region is my live analyses back in 1H-2016 judging to load buys on Bank Stocks worldwide (syncing with world economic cycles). While Inverse Shoulder-Head-Shoulder chart formations are bullish in nature, Oriental Financial Group is doing double Inverse Shoulder-Head-Shoulders. This is extremely bullish in nature. NYSE: OFG is expected to break up the pink critical resistance as illustrated and to rally to break up for new multi-year highs. This indefinite up-move can be expected for 2018 and 2019.