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Sunday, September 8, 2024

DBS Bank - Chart wise, A gapped down reflected on the chart a few days ago doesn't look good! She is likely going down to test 36.29. If cannot hold next she may test 35.99 and below.

 DBS Bank - Chart wise, A gapped down reflected on the chart a few days ago doesn't look good!



 She is likely going down to test 36.29. If cannot hold next she may test 35.99 and below.

Breaking down of 35.99, she may likely continue to trend lower towards 35.37 and 34.37 than 33.98.

NAV is about 22.00.

P/B is 1.66x. I think it is trading at premium price. 

Pls dyodd.

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