Averaging down DBS shares
Updated
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.
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.
Comment
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....Comment
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 levelComment
nibble some as it has fallen below the 30 dollar mark...this is for long term investment, dividends accumulationComment
Praise LordComment
expect it to retrace to 32.83 before adding moreComment
added moreComment
Praise GodComment
could we see this stock hit 37 by year end? Anything is possible....Comment
5th time - it has meet its resistance level at current price.Comment
Time to load up in tranches.......Comment
looking to buy more when it revisit the support at 30 dollarsComment
will be awaiting at 33.38 level to accumulateComment
it is rallying towards 36-37 price levelComment
profit target achieved, short term traders can take profitsDisclaimer
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