it has dropped about 17% from its peak and currently there are 2 support level to watch.
It could rebound from here so I like to buy some shares but if it falls further to the 2nd level, then I will add some more. The important thing is it must stay above the bullish trend line.
Somebody knows something. I'm watching closely.
Recently, rep. I'm the House Financial Services Committee bought this companies stock.
Not trading advise. This is public information.
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
DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore.
Multi-month consolidation looking to break, up.
DBS(D05) stock continues to fall again this year repeating a highly probable triple crossover of their moving averages despite their solid returns and stable dividend. While Singaporean banks remain resilient, this signals shows another buying opportunity for one of their strongest banks with a dividend of 0.48
DBS SGX:D05 chart is forming double top. Once $29.39 support level is broken, we will very likely to see price declining towards $21.87 base on 1:1 wave.
Duration towards mid term.
DYODD!
Read this article here
In the world of investing, I think common sense is also not commonly practised. When we see charts with red candles or trend sloping downwards, we become fearful and paralysed to take action. In our mind, we kept thinking how low will it go ? Should I wait some more ?
Yes, like the guy who jumped off the 3 storey building, buying when...
DBS is positioned uniquely at the intersection of both India and China to gain from growth in both countries. Facilitating capital flows out of China, continued rising footprint in India, digital asset presence, a trusted bank in Singapore which is emerging as the Swiss of Asia, DBS has more than one source of tailwind powering its upward flight.
Specifically,...
The stock has been performing well ahead of its earnings reports, thanks to the news that DBS will be the bank to utilise MaxxDigital – a digital asset platform that provides risk and FX solutions for institutions. Whilst Singapore’s regulators continue to clamp down on crypto trading for retailers, Singapore wants to become a digital-asset hub within the...
Sign of Strength in the chart:
1. Reaccumulation with Bullish Signal
2. Strong uptrend
Previous Bullish Signal gained +46% and +18%
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Monthly chart: give this thing time, and you will keep your money.
Zoom in to weekly chart: Support of before-after covid19 at 15,30. but not alone: there is also a big support zone in the range of 17,7-19,16.
Last but not least: A resistance seems to be in place at the ATH; 24,4.
Do not forget all the moving averages ;D
Zoom in again, this time to the...
It seems that DBS is near its significant top.
There are enough indications that states so. Read them on the chart.
Will continue to focus when it's close to that area.
DBS Group might have another round of bullish upside after prices stay supported at the immediate support zone shown together with Kijun-Sen. Once it breaks above the falling wedge, bullish upside will be further confirmed.
