Tuesday, December 6, 2016

SG Banks: DBS, OCBC, UOB - can still be Bullish, NO Exits on System yet for all.... DBS the best performing signal.... see what i mean

Some clients were asking me if there are still more upside for the Singapore banks that have staged a pretty impressive rally over the past 3 weeks…

PTI gradates would have witness some of these BULLISH SIGNALS 3 weeks back on all the banks, on different dates though….

My take is that I am still seeing strength in these banks….

DBS above 18.00 still good to ride, OCBC above 9.20 still good to ride. UOB may test 21.00 soon and attempt to break above too.

The thing is there are still NO EXITS on the Bullish signals yet, so upside can still continue imo.

Raise stop loss for any long positions if previously locked in. ;)

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For illustration purpose only

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