𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐁𝐚𝐧𝐤𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐑𝐞𝐜𝐞𝐧𝐭 𝐖𝐞𝐚𝐤𝐧𝐞𝐬𝐬 𝐀𝐧 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 (𝐃𝐁𝐒, 𝐔𝐎𝐁, 𝐎𝐂𝐁𝐂)

 

After staging a miraculous recovery in March after the sell down from Russia Ukraine war, we have seen weakness again.

 

With the US market selling on inflationary concerns and also a bleak economic outlook, the banks have sold off as well.

 

So is it time to start thinking about getting in again or wait a little more?

 

 

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

 

Great question, well it depends on which bank head to their attractive support levels first..

 

Watch this video as I do a quick analysis on the SG banks DBS, UOB and OCBC and where are the bargain hunting levels to catch any potential rebound...

 

We will also take a look at the 1GT system that I have to see if there were any bullish signals recently and if more upside can be possible.

 

Watch here >> https://youtu.be/JghvqALsIjA