$DBS Group Holdings (D05.SG)$ Ok . I think retracement soon...
$DBS Group Holdings (D05.SG)$ Ok . I think retracement soon. 34 is the limit. Overbrought already.
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102356143 : But your 34 limit is before bonus announcement.. so your limit will need to be 34x11/10 or 37.40 !!! This will also bring the div yield to be around 5%.
And it is naturally overbought because of both the bonus news and increased future dividend yet on an enlarged shareholding, so there is a need to more in depth study ??
Yolokid OP : short term retracement. u see daily rsi above 80 overbrought. sharp spike. Near resistence. I dont think can break through. Rsi go down near 50, then see again.
Captain Woon : Very tempting to sell a bit, there still time before ex-date in Apr so selling now probably still can buy back before the dividend if you like and keep for long term