Skip to main content

DBS Bank Ltd


I am lucky to pick up this stock on an average price of 25 SGD, some with Cash and others using CPF. I was sceptical to add when I saw the gap above , thinking it might close the gap before going higher. You can see from the chart that there were a few times it breaks down from the lower channel , only to get back in hours later. Then, it had a nice gap up. I plan to hold this stock for much longer thus will not be using CFD as I like the dividend payable on a quarterly basis.
Read more about its latest results here.

THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STOP LOSS IN PLACE. TRADE SAFELY !
Labels:

Comments

Post a Comment

Popular posts from this blog

Food Empire Holdings - a multi bagger

I have this counter for more than a decade, so long that I almost forgot about it. It was invested using my CPF OA account. It was around 0.25 that I purchased it and it went to a high of 0.77 in May 2017, 2 years ago. There are two ways that the price action can move now. 1. To break out from the green diagonal line and head northwards. 2. To break down from the orange diagonal line and heads south. I will monitor for a period before deciding to sell this counter. Beside already being a market leader in the 3-in-1 instant coffee market in Eastern Europe, it is now making foray into the Vietnam market as well. RHB has upgraded from a neutral rating to buy with a 0.66 target. THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STO...
Post a Comment
Read more

Venture Corporation Ltd - a shorting or buying opportunity?

Rationally, the arrows on my chart looks like the next possible moves for this counter. However, the market in the short term is more erratic than we expect it to be. So, it is also possible that a rebound may takes place before the price close the gap, hovers a little and then close the gap. Here's DBS analyst coverage here . I am keen to acquire a small share of this great company when the gap is closed. THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STOP LOSS IN PLACE. TRADE SAFELY !
Post a Comment
Read more

A piece of China property @ Dasin Retail Trust

Know more about this Business trust here . I find this kind of chart a little challenging to plot the trends. I like this trust as it is focus on China retail properties , one that is being focused by the Government - The Greater Bay area. It is even better as it provides high dividends as well. Once the price falls to the diagonal trend line, I would make my first purchase. THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STOP LOSS IN PLACE. TRADE SAFELY !
Post a Comment
Read more