DBS - Traded 15 Lots

DBS suddenly shot up today with so much so much buyers. I don't know what's happening but the stock just outperformed the index instead. Longed 15 lots of DBS at 26.16 and it's currently trading at 27.28 with a $1.10+ gain. In some good profits of $16,000+ and while I am not sure when is it coming down, I believe the time to lock in profits is soon. There is some profit taking and it's signaling the stock might have out run too much in the short term. Looking towards the next trade.



Update: 26/7/2018, 11:10am

DBS indeed suffered profit taking after my blog post!

Ronald K - Market Psychologist - A Stock Market Opportunist