I seldom see a V shape rebound and today I witnessed one in DBS in the 5 minute chart. See how fierce the gap down is and study how the stock like a spring, slowly sprung up after being pressed down. DBS was also in the Top Volume but I am not sure if the stock is under short covering or real buying now. I don't think the short term minute chart rebound can last long since the sellers were humongous over night. Hence, I need to study the daily chart for the real demand zone before taking a long action.
Ronald K - Market Psychologist - A Stock Market Opportunist
