DBS Group Holdings Technical Analysis (D05)

24 August 2018

Good Stock Bought at Wrong Price

Nov 2016 to Apr 2018 was DBS uptrend. 

DBS Group is a good fundamental stock but those who entered at the highest point had got their money stuck since May 2018.

This is where fundamental good stock bought at the wrong price became a bad investment.

DBS pattern now looks like a descending triangle which is a continuation of its downward movement which is what the theory says.

20 July 2018

Trying hard to move higher towards the 200 days moving average. 

Notes: Stock Technical Analysis is based on past pattern and probability, not a call for you to trade.  Do Your Own Due Diligent (DYODD).

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