DBS has again traded lower to near the support at 15.80, low seen today at 15.80 before rebounding slightly. This was the level that was supported well in Aug last year before it rebounded back to above $17. Those looking to accumulate some strong bank blue chips counters can consider around this level for the longer term and await a rebound. However take note that a breakdown of the 15.80 can also see it trade lower to 15.20 level so save some bullets along the way.
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