𝐓𝐨𝐩 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐁𝐚𝐧𝐤𝐬 𝐒𝐭𝐨𝐜𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 - 𝐃𝐁𝐒, 𝐔𝐎𝐁 𝐚𝐧𝐝 𝐎𝐂𝐁𝐂 | 𝐄𝐧𝐝 𝟐𝟎𝟐𝟏 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

 

The Singapore banks stocks have seen huge volatility over the past month on news of the Omicron variant..

 

We 𝐬𝐨𝐥𝐝 𝐨𝐟𝐟 𝐛𝐲 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟓% 𝐢𝐧 𝐚 𝐝𝐚𝐲 before hitting some support and a quick rebound seen.. 😅

 

2 of the banks are approaching levels where selling can return after the rebound..

 

1 of them though rebound also seen, but still does not look strong below a major resistance level you'll want to know about. 👀👀

 

 

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

 

Watch this video to find out the outlook of the 𝟑 𝐒𝐆 𝐛𝐚𝐧𝐤𝐬 𝐃𝐁𝐒, 𝐔𝐎𝐁 𝐚𝐧𝐝 𝐎𝐂𝐁𝐂 𝐚𝐬 𝐰𝐞 𝐞𝐧𝐝 𝟐𝟎𝟐𝟏 𝐚𝐧𝐝 𝐰𝐡𝐚𝐭 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐥𝐞𝐯𝐞𝐥𝐬 𝐭𝐨 𝐰𝐚𝐭𝐜𝐡 𝐨𝐮𝐭 𝐟𝐨𝐫.

 

It has been quite a strong year overall for the banks despite selling seen over the past 2 months.

 

Find out here >> https://youtu.be/7SJd73YN_hE