dchua1969

Averaging down DBS shares

לונג
DBS (SGX:D05)  
dchua1969 מעודכן   
SGX:D05   DBS
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.
הערה:
notice the last 3 consecutive days red candles ? These are bearish candles which means the price is likely to revisit the next support at 29.98. So, no hurry to average down....
הערה:
we are now at critical support level - the price action is sitting on the bullish trend. It might breaks down a little to weed off the weak buyers before rebounding or a possible further deterioration to the next support at 29.24 level
הערה:
nibble some as it has fallen below the 30 dollar mark...this is for long term investment, dividends accumulation
הערה:
Praise Lord
הערה:
expect it to retrace to 32.83 before adding more
הערה:
added more
הערה:
Praise God
הערה:
could we see this stock hit 37 by year end? Anything is possible....
הערה:
5th time - it has meet its resistance level at current price.
הערה:
Time to load up in tranches.......
הערה:
looking to buy more when it revisit the support at 30 dollars
הערה:
will be awaiting at 33.38 level to accumulate
הערה:
it is rallying towards 36-37 price level
הערה:
profit target achieved, short term traders can take profits
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