DBS established a strong support zone at the $31.6 mark
Double bottom structure played out nicely
MACD @ oversold
Consider this a pretty safe buy entry for accumulations
Personally, I bought in at @ $31.9
The Straits Times Index (STI) rallied so hard at the beginning of 2021, only to sputter out, failing to break over 3000 , clocked a Lower High, and today, a Lower Low. The past two weeks have been under a Sell signal too.
It's troubles are just beginning as a series of Gap Downs skipped through a couple of gap support levels, and is now testing to break down...
1.92 very very important support zone
2.13 first resistance
Very low risk entry if price could go to 1.92 for a good long trade
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if...
