$OCBC Bank(O39.SG)I have set a Sell If Touched order for OCBC at SGD 31.98, hoping to lock in some profits if the share price reaches my target. My buying price was SGD 28.85 per share after the 10-for-1 share subdivision, so I am looking forward to seeing whether the market gives me an opportunity to sell at a profit.
I understand that Singapore bank shares have experienced some downward pressure recently, but I still believe that fundamentally strong banks like OCBC have the potential to recover over time. Rather than rushing to sell out of concern about short-term price movements, I prefer to remain patient and stick to my trading plan.
Of course, there is no guarantee that the share price will rebound quickly or reach my target. Even if the profit is not a huge amount, I would still be happy to secure a reasonable gain. For me, successful trading is not always about making big money in one transaction, but about managing risk, staying disciplined and accumulating small profits consistently over time. Let’s see whether my sell order can be triggered!
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