Tuesday, 6 October 2020

DBS : ONE STEP CLOSER TO SGD 6.00 (3)

Read?  DBS : ONE STEP CLOSER TO SGD 6.00 (2)

Strong resistance ahead!































3 comments:

  1. CW,

    Your recent entry back to DBS at $19.68 is superb!

    You buy the dipper you!


    Today DBS almost kissed $21 ;)

    The day is not over yet. If tonight US still in the green, kissing $21 should not be a problem tomorrow.

    It would be interesting to see whether DBS can hit $21.43; which would mean STI around 2600?


    It would be a coin flip to see whether the US election would push STI back to 2800 and above; or drag STI back down to 2500 and below.

    Place your bets everyone!

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    Replies
    1. How come OCBC and UOB not moving? Non GLC?

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    2. CW,

      DBS closed strongly at $21.02; now that's a good sign ;)


      OCBC and UOB not only did not moved... It went into the red!?

      There's a divergence in the "force"...

      This is example for stock picking skills ;)

      Those that don't, just buy the whole banking sector - which for STI, its easier as there's only 3 counters.

      In fact, our STI ETF is a good proxy for the banking sector ;)


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