$DBS Group Holdings (D05.SG)$ The chart shows two mountain t...
The chart shows two mountain top and M-shaped pattern is likely to form. The stock has turned bearish and the trend is downwards. Don’t catch the falling knives. The dividend is not enough to cover your price depreciation losses if u buy at high price now. The stock is already at its peak. Likely to see lower lower. This is my view. Trade with caution.
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Deep Sea OP : Next support level is 37.13. If it breaks the support level, it might drop to 35.45.
幼稚的韭菜 Deep Sea OP : Misguided child
Mr Pistachio : I'll buy more if 35
SuperNoobPaPa Deep Sea OP : Ultra misleading with the two mountain top and M shaped pattern. The right word is double top and that formation is not a double top. You see what you wanna see.
Besides, the stock has not turn bearish and turn downward yet. I have yet to see lower high and lower low which is the basic criteria to say the stock has turn bearish and downtrend.
Lastly, catching a falling knife only apply to a steep dropping share price in a downtrend setting.
So, please do not mislead the rest. Thanks.
little bunny Mr Pistachio : Me too
MamaCat21 little bunny : Me three
一龙马 : Utter bs
一龙马 MamaCat21 : Me for