DBS - CLOSING THE GAP1) The gap up from $20.25 to $20.68 needs to be closed 2) Currently there is some strong support at $20.65 area 3) Trade accordingly to the current downtrend channel 4) Sell if it breaches $20.00 5) Buy if it breaks out of the downtrend channel to the upsideby kaileong7
DBS - resumption of slow road to recoveryAfter hitting a high of 23.58 recently, DBS has been pulling back in the last 2 weeks cumulating to a low @ 20.63 yesterday but quickly recovered to close a bullish pin bar. Now it that has "successfully" tested the 50% fibonacci retracement of the recent swing up plus having worked off the overbought position to near term oversold now. It looks ready to resume the slow climb back up. (with stop loss just below yesterday's low 20.63) Disclaimer: This is just my own analysis and opinion for discussion and is not a trade adviDisclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.ce. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.Longby Juliac4
DBS appraoching resistance, potenatial reversalHey guys, what do you think of DBS(D05.SI)? I have a bearish bias seems like price is facing bearish pressure from our pivot level and 20 period EMA, where we could be seeing a reversal to our first support level.Shortby lixing_gan227
DBS [1-3 weeks view]Long DBS Entry: 19.11 SL: 18.35 TP: 20.62 DBS dropped quickly to new lows and is currently in a rebound. Fibo and graphical level lining up nicely at the TP level. Price above ascending trendline support and also moving average. This should be a limited push up as I am generally bearish across the global markets.Longby laughingchartistUpdated 11
DBS BANK - BACK IN THE SADDLE1) Price has crept back up into the Ascending Triangle 2) $20.00 still a major resistance as this has been an area of strong resistance/support dating back 5 years 3) Note the divergence on the MACD 4) Ascending triangles mainly resolve to the upside, but we shall see.Longby kaileong3
DBS- Ascending triangle pointing to an upsideDBS has been ranging and attempting to break the 20.00 psychological resistance level for some time and since the price has been hovering around the high 19.00 after the third tries. We expect a strong upside again as the resistance has been weakened. Also, the morning star formation near 38.2% Fibonacci level indicates a "shortfall" of the triangle or range, hence the strong upside is high. Should 20.00 breaks, the next price level to be tested is near 21.07 region highlighted in red. Longby William-trading229
DBS on route to recoveryChart has shown a series of higher lows while respecting channel support on a daily closing basis and we can expect price to continue this upward trend. If you are already long on this trade, the first TP should be at the 50MA where supply will start to come in. The next opportunity for a long entry would be either at pennant support or when we get a daily close above $20 (which is also above 50MA*).Longby czkn0
DBS - Break of Ascending Triangle?Looks like a break of an ascending triangle, even though ascending triangles mostly resolve to the upside.by kaileong4
SGX DBS Longstock has lost its upwards trend and changing to a sideway movement. However, Since it's at lower half of channel, potential to long and hold till it hit upper bound of channel @ 20.0 with stoploss @ 18.6.Longby eh94
DBS - Back at key levelsCurrent DBS is supported with a weekly strong bullish trend that is heading up to test the key support/resistance level. If market actually breaks out on this level, stock price will go back to test $22.6 - $23 level easily. Overall, It is expected to see price action to break the long-term trend with current economical issue. Not to include fundamentals, if market breaks the trend; Testing of $14 is expected before further downside of $13-$12. I write both at: www.patreon.com www.financialveracity.wordpress.comShortby FinancialVeracity2
DBS Flag / PennantDBS is trading in the flag / pennant. Lookout for the break. Disclaimer: Not an advice to buy/sell.Shortby JackBauer0076
DBS (D05) - Key levels to BUYHey guys! Here's my view on D05: Summary I will place a BUY limit at the second support zone 11.52 - 12.40. Action: Buy Limit: 11.52 - 12.40 Stop Loss: 9.90 Take Profit: 16.90 Analysis: Price is testing the 1st support zone now and we could see a bounce to our resistance zones highlighted in red. IF price breaks the 1st support zone, it is likely to push lower to our 2nd support zone where I will look to enter a BUY limit there. Alternatively, you can also look to play the bounce at current price to our first resistance zone before waiting for another entry at the 2nd Support Zone. Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.Longby TradingBean4411
Higher Timeframes for DBSDBS supply and demand levels for 12M, 6M, and 3M charts.Educationby traderghloh3
DBS - AnalysisSTOCK IN FOCUS: DBS A huge meltdown in global markets has sparked risk-off sentiment throughout, and many stocks are being heavily sold-off. Be it blue-chip or penny stocks, majority are affected and are selling at a discount. DBS is a blue chip stock in the SGX, and with the recent sell-off - down around 29% (from end Jan' 20) , price could reach the $16 range ( down 38% from Jan' 20) to retouch the rising trend line. If the global rout continues, we could see price break down the rising trend line and possibly reach the indicated price levels. Otherwise, we could see a bounce after a retest of the trend line. by TraderMozo223
DBS - rooms for further decline?Based on past decade trading pattern, if history is a good indication, then possibly this counter has yet to reach the bottom in order for the next run up. Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :) Thank youby Smartis224
DBS - Challenging levelsDBS with strong fundamental and liquidity seems to be ignoring the usual local "must-buy" recommendation as selling pressure remains high. This Stock has a high correlation with STI, as both heads towards a level where market seems to be able to break. A "short" position seems to hold a higher winning probability than a "long" one Also, i'm writing at www.patreon.com This is not a call to act, kindly do your own diligence Shortby FinancialVeracity4
DBS looking to long at 24 or 20?Any Singapore traders here? Which is your long ?Longby ForexTradingSchool116
Bullish Gartkey on DBS GroupBullish Gartkey on DBS Group Enter on retest on entry pointLongby WealthPark2
SG DBS BREAKING DOWN DBS is very weak now. Having bounced off 25 twice in recent time, it failed to make higher highs, failed the 55EMA, and is likely to revisit 25. MACD supportive of bearish bias. Going for a bounce at 24.50, and to consolidate at 24 for deliberation of a possible major rally to 40.Shortby Auguraltrader6