Shares & Derivatives
What investors need to understand about these three stocks?
By Singapore Stocks Investing (SSI)  •  March 10, 2016
In my previous posts, I have shared with readers how bank counters are the more defensive favorites which have been riding up and how DBS stock was one of these stocks for investors when it was trading around $13 plus per share. We are now seeing some kind of “profit taking” on the Singapore stocks markets and hence banking shares have also moved less “north”. So is it a good time to buy the three banking stocks in Singapore: DBS, OCBC and UOB? Previously, I have shared with readers how $16 is a form of resistance for DBS stock and we note how after reaching a high of $15.59, DBS stock is now trading at $15.23, hence the price level of $16 should still be noted by investors looking into DBS stock. OCBC bank stock is currently supported by $8.60 level, if the stock heads lower than ......
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By Singapore Stocks Investing (SSI)
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