Thursday 6 November 2014

DBS at all time High!

DBS make new High! Don't Bull Sh** ! Ya no sh**! This stock is the strongest among the 3 banks, it leads the way! 
This is the different between long term investor and short term trader, from the chart on 10 Oct 14 price broke down trend line sell signal. 13 Oct 14 confirm the broke down, short term trader should already exit position. Long term investor may still hold on to this stock, short term trader may only want to re-enter when the price break above $18.61. If the price holds well above $18.6 trend continue, now trailing stop (Profit taking) at $19. 


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