DBS Stock Code D05.SGX
Outlook
Price has been declining after creating a price top on 1 August 2023. It retraced to its resistance-turned-support level yesterday, and formed a potential bullish harami candlestick pattern. RSI is at the oversold region, hinting at potential reversal ahead. These could increase chances of the stock price rebounding to move higher.
Strategy
$32.55 Buy
$34.00 Price Target
$32.15 Risk Management Stop
3 weeks Trade Duration
