Tuesday, October 5, 2021

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐁𝐚𝐧𝐤𝐬 𝐒𝐭𝐨𝐜𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 - 𝐄𝐍𝐃 𝟐𝟎𝟐𝟏 𝐎𝐔𝐓𝐋𝐎𝐎𝐊! (𝐃𝐁𝐒, 𝐎𝐂𝐁𝐂, 𝐔𝐎𝐁)


What is the outlook for the Singapore banks as we head into the 𝐟𝐢𝐧𝐚𝐥 𝐪𝐮𝐚𝐫𝐭𝐞𝐫 𝐨𝐟 𝟐𝟎𝟐𝟏?


It has indeed been quite a good run this year with the banks racking up gains of more than 15% since the beginning of the year on recovery hopes. 🏦🏦


But the question is, 𝐜𝐚𝐧 𝐭𝐡𝐞𝐲 𝐞𝐧𝐝 𝐨𝐟𝐟 𝐚𝐭 𝐚 𝐡𝐢𝐠𝐡 and is their uptrend still intact for next year 2022? 👍



Joey here, Top Tier Remisier and trader in Phillip Securities.


Well, watch this video all the way to the end as I dissect the charts of DBS, OCBC and UOB for you.


Over the past few months, it has been rather lacklustre and so far all are holding well.


However, 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐆 𝐛𝐚𝐧𝐤𝐬 𝐬𝐞𝐞𝐦𝐬 𝐭𝐨 𝐛𝐞 𝐰𝐞𝐚𝐤𝐞𝐫 𝐟𝐨𝐫 𝐧𝐨𝐰 compared to the other 2.. 😬


You'll want to know which it is and why.


More importantly, where can we think about locking in some profits first and perhaps position ourselves for entry again on dips.


Watch Here >>  https://youtu.be/VOEQGqffKFo




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