CFD Trading – Buy DBS (D05.SGX) @ $33.56. Stop @ $33.05 and Target @ $35.40.

DBS Stock Code D05.SGX

Outlook

Price is trading far above the cloud, suggesting the strong bullish uptrend. Conversion and base lines remain in a bullish crossover. MACD is strong and bullish with both of its lines are far above the zero line. These could increase chances of the stock price continuing to move higher.

Strategy

$33.56         Buy

$35.40         Price Target

$33.05         Risk Management Stop

3 weeks       Trade Duration

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