Support level analysis for DBS
DBS next support will be around 36.10-36.00, mark in consistent with the Fibonacci of 38.20%
50% around 35.3
61.8 around 34.8
Fundamental side of things. DBS is poise for an earnings meet/beat based on the current interest rate environment. with the incoming rate cute expected in Late Q3 early Q4 it may have some impact on the DBS's earnings and may be reflected in the H2 guidance for DBS this Q2 earnings.
with many bank themes their Q2 should mirror the US bank's Q2 earnings and sentiment
![Support level analysis for DBS](https://sgsnsimg.moomoo.com/sns_client_feed/101862751/20240722/1721638433571-random5006-101862751-android-org.png/big?area=101&is_public=true)
![Support level analysis for DBS](https://sgsnsimg.moomoo.com/sns_client_feed/101862751/20240722/1721638434479-random3397-101862751-android-org.png/big?area=101&is_public=true)
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