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Tuesday, 12 July 2016

DBS Technical Analysis: 12 July 2016, Tuesday, 6.27am Singapore Time

DBS Technical Analysis: 
12 July 2016, Tuesday, 6.27am Singapore Time

Attached above is the technical analysis for DBS Bank.
Selling has been easily dried up and impulsive buying takes over suddenly. This has already happened for 2 cycles. Bullish consolidation is ending and the cup-and-handle target for DBS Bank is $18.60. Expected to rally for the rest of 2016 and 2017.

Previous DBS Bank Analysis:

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