machintose

Opportunity to LONG DBS

Long
DBS (SGX:D05)  
machintose Updated   
SGX:D05   DBS
I spot a potential entry to LONG D05 in the coming days with a good RR.
Almost a month DBS is ranging from $21 to low $20ish, the consolidation is getting tighter and compression needs to be released.

To cut the story short, here is my personal call:

Buy Limit at $20.00
Stop Loss at $19.50
Take Profit at $21.60
Risk Reward Ratio = 3.12R

Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Trade active:
Buy Limit is triggered.
Comment:
Move SL to entry level and we enjoy the ride.
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