DBS Stock Code D05.SGX
Outlook
Price managed to stay above the cloud during a price correction keeping the uptrend intact. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD remains bullish and is about to turn up from the zero line. MACD is hinting at a bullish price trend ahead. If price is able to stay above the cloud, it could be heading towards the previous high at $33.83 in the next 2-3 weeks.
Strategy
$32.50 Buy
$33.82 Price Target
$31.50 Risk Management Stop
3 weeks Trade Duration
