Saturday, July 4, 2020

𝐀𝐧 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐭𝐨 𝐁𝐮𝐲 𝐭𝐡𝐞 𝐒𝐆 𝐁𝐚𝐧𝐤𝐬 𝐀𝐠𝐚𝐢𝐧? (𝐃𝐁𝐒, 𝐎𝐂𝐁𝐂, 𝐔𝐎𝐁)


Exactly a month back, I shared about how the 3 local banks (DBS, OCBC, UOB) may start to see 𝐬𝐨𝐦𝐞 𝐬𝐡𝐨𝐫𝐭 𝐭𝐞𝐫𝐦 𝐮𝐩𝐬𝐢𝐝𝐞 in a Facebook post..


This was because some really 𝐁𝐔𝐋𝐋𝐈𝐒𝐇 𝐏𝐫𝐢𝐜𝐞 𝐀𝐜𝐭𝐢𝐨𝐧𝐬 were spotted then in each of them specifically.. 👍👍


Some upside targets were drawn by about 𝐛𝐲 𝟖-𝟏𝟎% before we expected some profit taking to return. ️🎯


Hey guys, Joey here, Top Tier Remisier in Phillip Securities.




A month have passed and 𝐀𝐋𝐋 of them have 𝐇𝐢𝐭 𝐨𝐫 𝐍𝐞𝐚𝐫𝐞𝐝 𝐭𝐡𝐨𝐬𝐞 𝐭𝐚𝐫𝐠𝐞𝐭𝐬 and then,

the 𝐒𝐄𝐋𝐋𝐈𝐍𝐆 began... Fast! ⚡📉


So here we are now, pretty much BACK to where we started before the spike up in June!


So the Questions is:


"𝑰𝒔 𝑰𝒕 𝑨 𝑮𝒐𝒐𝒅 𝑻𝒊𝒎𝒆 𝑻𝒐 𝑺𝒕𝒂𝒓𝒕 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝑨𝒕 𝑻𝒉𝒆 𝑺𝑮 𝑩𝒂𝒏𝒌𝒔 𝑨𝒈𝒂𝒊𝒏?" 🤔


Or perhaps, we can start nibbling some 𝗢𝗡𝗟𝗬 𝗪𝗛𝗘𝗡  it nears certain key levels again. 👀👀


Well, watch this video to see what those levels are for the 3 SG Banks and where it can potentially be an 𝐎𝐏𝐏𝐎𝐑𝐓𝐔𝐍𝐈𝐓𝐘 again.






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