Next support at 17.20 now… lets watch!
Sent: Wednesday, August 26, 2015 9:27 AM
Subject: *******DBS: Support still at 17.60, if holds still ok for rebound back
Subject: *******DBS: Support still at 17.60, if holds still ok for rebound back
Support for DBS would still be at 17.60 for now with quite a wide volatile range to 18.00 then 18.50. Those looking to accumulate on dips can consider for a rebound back up provided the support holds, if not possibility that it can head lower below 17.60 to 17.20 then 16.65. Market still very volatile at the moment and the technical rebound seen yesterday could only be a slight reprieve. So still be cautious of any long positions for short term trades. Nevertheless, those looking to bargain hunt for the longer day can gradually accumulate near key support levels gradually for any rebound.
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