𝐒𝐆 𝐁𝐚𝐧𝐤𝐬: 𝐃𝐁𝐒, 𝐔𝐎𝐁, 𝐎𝐂𝐁𝐂 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐒𝐞𝐥𝐥 𝐎𝐟𝐟

Tuesday, March 1, 2022

Over the past week, we have seen the SG banks DBS, UOB and OCBC selling off by about 10% on Russia's invasion of Ukraine.

Is it time to get out on potentially more market weakness?

Or perhaps it is time to 𝐬𝐭𝐚𝐫𝐭 𝐞𝐲𝐞𝐢𝐧𝐠 𝐭𝐡𝐨𝐬𝐞 𝐚𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐥𝐞𝐯𝐞𝐥𝐬 where positions can be locked in at a huge discount again from recent highs.

Joey here, Top Tier Remisier and Trader in Phillip Securities

Watch this video to as I analyze the chart of DBS, UOB and OCBC for you so that you have a clearer picture of where we were and where we are now.

And most importantly, 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐨𝐮𝐭𝐥𝐨𝐨𝐤 𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 𝐟𝐞𝐰 𝐰𝐞𝐞𝐤𝐬 due to current developments between Russia and Ukraine.

We will also look in the 1GT system that I have to see if we have any guidance from the recent entry and exit signals that have came out.