DBS:SGX Expecting Weakness Short

DBSSGX

Description

⋅ Aug 8, 2018 6:34 AM

DBS:SGX is expected to retest its major trendline at S$25.50

Supporting Technical:
- Downward trend line hold
- Bearish Characteristic
- Stock is entering Under-performance against index (Relative Strength Indicator)
- Negative Fund Flow (FFI)

Risk:
-

Trend Analysis