DBS – [ Follow Up, Hitting 2nd Target of $26.80, What Now? ]
Chart Source: Poemviews 24th July 2019
DBS bank continues to inch up following our blog post just LAST WEEK. It has reached our second target and once again our EXCLUSIVE CLIENTS were alerted on it. As DBS has moved up over 3% from $25.97 to $26.80 over the past week taking some profit off the table is always good. We always emphasize in protecting your profits, we ratherย make less than to have a profitable trade turn to a loss.
DBS so far is the strongest bank amongst the three local banks with OCBC the second strongest in terms of price movement. UOB didn’t have much movement and is still in a range if you refer to the chart.
Our next target for DBS is rather closeby at $26.99 also do take note that their earning results is coming out on 29 Julyย before market opens. Well, you know our stance in trading too new earning results, so do pay special attention.
How was your trade plan for DBS like?
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Yours
Humbly
Kelwin&Roy
