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Thursday, July 30, 2020

DBS Group

TA wise, looks bearish!
With the Gap down candlestick reflected on the chart yesterday looks like we may see further weakness!


The price falling might be due to dividend may be cut for Y2020. The coming quarter result would provide us with further insight!


Short term wise, I think price may continue head further south!
Breaking down of 18.90 plus high volume that may likely drive the price lower towards 18.00 with extension to 16.70.

Not a call to buy or sell.
Pls dyodd.


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