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Auguraltrader
Nov 29, 2020 6:09 PM

DBS on a sunny island... setting into the sea 

DBSSGX

Description

DBS, a big component of the STI (Straits Times Index) finds itself on an island (yellow circle)

This is precarious... a drop below the current support will result in a decent retracement.

MACD and Relative Price Strength already turned down... so it is held up with very little.

Be aware, beware!
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