Friday, March 8, 2019

DBS - Looking for Long Term







I am looking at DBS for a long term play. The market gap down today and it looked bearish in DBS at the moment due to much profit taking at the top. Zig zaging up and down with choppiness at the top, I can only see the time to long DBS wasn't there the past few days. However should the stock continue to trend lower with BBs in play, I am looking for a long term trade with at least 3-6 months on holding period. The chart is beautiful but the timing might not be riped. Hence it pays wise to be patient and wait for the perfect turning point. Watching it.

Ronald K - Market Psychologist - A Stock Market Opportunist