$DBS Group Holdings (D05.SG)$ Both STI and DBS are in the do...
$DBS Group Holdings (D05.SG)$ Both STI and DBS are in the down trend in the mid and long term. The first mid-term target for DBS is around S$26.5 (doesn't mean it is the bottom) after breaking down the low at S$29.09. When global recession comes, STI/SGP will not be exceptional, so is DBS and STI stocks. You may still see the price jumping up and down from day to day, but it's not easy to make money by day trading given the high trading cost. Good luck and stay safe.
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Grey whale : Will it be this low???
Ewealthness OP Grey whale : There is no lowest, only lower. If 26.7 is not in the end, it may even be less than 20 yuan. In extreme cases, it could reach 16 yuan.
tinymonster1987 : Haha Great Recession takes it .. else no one will sell
Milamber : The bottom at covid shows that it is a good opportunity to buy when the price is depressed so much. trade what you can afford and sell when it is a good time
Ewealthness OP tinymonster1987 : Yup, I'm not surprised that many people will hold it regardless. I won't if I see it has more potential to go down than up. I could tell you that the BB are trading with the trend, that means, they will sell with the trend and then buy them buy to lower their cost of owning.
8Ch8mpi8n : 10 cny
newbie8978 : Faster sell before too late take profit first