Thursday, July 27, 2017

OCBC, UOB, DBS - Leading STI rally while others sell down.... More upside with target on track

Over the past few weeks, some calls were sent on the banks OCBC, DBS and UOB which were still consolidating with their uptrend still intact.

Today, we have seen a new recent high for all the banks with buyers coming in strongly from morning till now…

Seems like targets drawn previously has been hit with more upside to 2nd target as drawn below.

STI pushing to a new high again too due to their rally…

Pennies likely to take a breather after the rally we had with blue chips back in play for now….

What about bullish signals on the system?

Well, all 3 banks had bullish entry signals recently in June last month… PTI grads can check SYSTEM..

No exits yet….

Targets drawn still on track! ;)

See below charts that were drawn and sent out few weeks back and where we are now…. 

Still more room to go?

UOB - 24.55 now
For illustration purpose only

OCBC - 11.48 now
For illustration purpose only

DBS - 22.23 now
For illustration purpose only

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