Tuesday, September 29, 2015

DBS - A Bearish Call





Earlier this morning, a bearish call on DBS was given to students in the SMMG Club @ 8:49am. When market opened, DBS was immediately in the Top Volume with price slowly declining before more selling emerged to cause DBS to sell down even further. The question was why DBS appeared in the Top Volume after the 8:49am call? It was nothing spectacular but because Singtel was the top blue chip that was being sold down yesterday which pique my observation skills in the overall blue chip market. Let's continue to watch.

Ronald K - Market Psychologist - A Stock Market Opportunist