Wednesday, May 16, 2018

DBS - Gap Down Today

DBS continued to experience more selling today as the stock gap down today with more sellers. However there was some recovery today since it has hit a temporary demand zone. From the day I blog about the bearishness in DBS till today, the stock has been coming down almost everyday and today is the only day I saw some mini recovery. I am shifting to another counter for better opportunities.

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Update: 16/5/2018, 3.36pm

DBS had a recovery instead of a mini recovery today and 5 hours ago I posted that the sellers maybe over done for now where the stock started to run after lunch! The stock after trading in a range started to have buyers whacking it up!

Ronald K - Market Psychologist - A Stock Market Opportunist