laughingchartist

DBS [1-3 weeks view]

Long
DBS (SGX:D05)  
SGX:D05   DBS
Long DBS
Entry: 19.11
SL: 18.35
TP: 20.62


DBS dropped quickly to new lows and is currently in a rebound.
Fibo and graphical level lining up nicely at the TP level.

Price above ascending trendline support and also moving average.
This should be a limited push up as I am generally bearish across the global markets.
Trade closed: target reached

Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.