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Friday, March 6, 2020

DBS Group

Within a short span of a few days, the price has fallen from 25+ to $23.00 . The selling down has wiped off the dividend declared of 33 cents, looks like this weakness may continue for the coming week!


Short term wise, I think the immediate support at 22.65 need to hold .If not, further selling down pressure may see the price sliding down to 21.41 level with extension to 20.00.


Not a call to buy or sell.
Pls dyodd.

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