Singapore Banking Stock

OCBC – [ 3rd Target Met, Next Resistance At The Gap?]

Kelwin & Roy OCBC , , , , , , , , , ,
19th March, 2019, 7:05 PM

OCBC – [ 3rd Target Met, Next Resistance At The Gap?]OCBC 19th March 2019

Chart Source: Poemsview 19th March 2019

OCBC along with the other two banking stocks continue it run up today edging up 0.6% before a slight retracement.

With the run up today OCBC  hits our third target of $11.29 for this round up 2% since our ALERT! 

With the $11.29 resistance as mentioned yesterday on the blog overcoming that might see OCBC move up to $11.41 at the Gap resistance.

The gap resistance might be a tough resistance to overcome so it might be wise to take some profit off the table since our ALERT using the simple moving indicator spotted it at $11.06.

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Humbly

Kelwin&Roy

 

DBS – [ Top Performing Stock In The STI, Alert Given, 2 Things To Take Note ]

Kelwin & Roy dbs , , , , , , , , ,
26th July, 2018, 11:15 AM

DBS – [ Top Performing Stock In The STI, Alert Given, 2 Things To Take Note ]DBS 26th July 2018

Chart Source : Poemsview 26th July 2018

DBS part of the STI component stock performing well in the morning making it top of the STI component list.

It gapped up first thing in the morning and never looked back.

We’re glad that our EXCLUSIVE CLIENTS were informed of this trade yesterday when DBS was trading at $26.44. A very nice upside is seen as DBS hits two of our target and just 2 cents shy of our third $27.30 target.

2 things to note now.

  1. DBS results will be out on 2nd Aug (Thursday) before market opens. We are usually cautious going into results as it can surprise either on the upside or downside. So do take note. Taking some profit before results would be one of our strategy.
  2. DBS manages to climb above the 200ma which is good sign. So do watch for it to stay above which might singal more rebound.

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Kelwin&Roy