Ticker 1

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Tuesday 12 January 2016

DBS Bank 20 Year Secular Trend: 12 January 2016, Tuesday, 8.46am Singapore Time

DBS Bank 20 Year Secular Trend: 
12 January 2016, Tuesday, 8.46am Singapore Time

Attached above is the technical analysis of DBS Bank.
All illustrations above are self-explanatory.

DBS at critical juncture of a secular trend. 2 Scenarios now:
Scenario 1: A break up of the orange resistance will see DBS soar to $33-$36 of super blue chip status.
Scenario 2: A break down of blue support will see it go single digit like 2008 financial crisis.

Scenario 1, the bullish scenario, above will happen:
A break up of the orange resistance to see DBS soar to $33-$36 of super blue chip status.
Buy more.

The Donovan Norfolk Technical Rating:
HIGHLY BULLISH. 
LARGE REVERSAL FROM BEARISHNESS TO HIGH BULLISHNESS.

Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

No comments:

Post a Comment