$OCBC Bank (O39.SG)$$UOB (U11.SG)$$DBS Group Holdings (D05.S...
$OCBC Bank (O39.SG)$ $UOB (U11.SG)$ $DBS Group Holdings (D05.SG)$ Possible reasons for the dip
1. Weak forecast for Q1'2024 - Interest rate uncertainty
2. Market correction
3. Regional tension in the Middle East
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trade with what you see, not what you think
whether you like it or not
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Innot : Usually unsustainable to maintain at 30 mostly the trend has been like this, people start selling
unfilteredtruths OP Innot : You mean for UOB? I think people are usually reluctant to buy in at prices close to historical high and/or resistance.
friend688 : Noop possible Israel will strick Iran over weekend, just before cross over date 22 to 24 April or Israel will strike back after 24th April. Thus I sold off everything at peak $30. Good luck everyone.
102356143 : Amazing can be green today!!
Even with war news !!
unfilteredtruths OP 102356143 : It’s red
simonbond unfilteredtruths OP : Historical High was 33.33 on 17 Feb 2022.
unfilteredtruths OP simonbond : Yes but look at the next quarter. Dropped right back down.