DBS holding, a bank of singapore.
Monthly chart: give this thing time, and you will keep your money.
Zoom in to weekly chart: Support of before-after covid19 at 15,30. but not alone: there is also a big support zone in the range of 17,7-19,16.
Last but not least: A resistance seems to be in place at the ATH; 24,4.
Do not forget all the moving averages ;D
Zoom in again, this time to the daily chart: again, a range between 22,3 and 24.4 (ATH we talked about in the weekly chart)
Also, the 200MA is following the price closely, ready to bring support to the price if it fails.
Final consideration: At the moment, there seems to be no reason against the price to simply keep rising.
Trade safe.
Not financial advice.
Zoom in to weekly chart: Support of before-after covid19 at 15,30. but not alone: there is also a big support zone in the range of 17,7-19,16.
Last but not least: A resistance seems to be in place at the ATH; 24,4.
Do not forget all the moving averages ;D
Zoom in again, this time to the daily chart: again, a range between 22,3 and 24.4 (ATH we talked about in the weekly chart)
Also, the 200MA is following the price closely, ready to bring support to the price if it fails.
Final consideration: At the moment, there seems to be no reason against the price to simply keep rising.
Trade safe.
Not financial advice.
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