Tuesday, May 14, 2019

DBS - Gap Down 60 Cents




DBS gap down 60 cents today. The stock seemed like was downgraded by some houses and brokerages when combined with the Dow Jones sold down -620 points, DBS just couldn't recover. The other 2 banks were also down but not as heavy as DBS. The market kept selling profusely as fear kicked in while I believe now is a time to be patient waiting for a good opportunity to catch a technical rebound. AEM rebounded today which was a sign of tech stock sector to watch out for. Soon there, some other sectors will start to follow and start watching out for good rebounds.

Update: 14/5/2019, 4:40pm



DBS had a superb rebound further from my post earlier!! Almost 60 cents from the gap down today.

Ronald K - Market Psychologist - A Stock Market Opportunist