In line with the broader global markets, the three local bank stocks have not been doing well. UOB stock closed at $18.10 yesterday, back to its March 2016 level. DBS stock closed at $15.01 yesterday, a level which was deemed as a resistance. Finally, we have OCBC stock which closed at $8.44, also a level the stock reached in Mar 2016. I looked at the stock charts of these three local banks and saw a “head and shoulder” pattern in them. However at the current levels, it is still not attractive to me to buy though for investors keen to buy these stocks, I believe these stock prices will go up a little, but nothing of the magnitude that we will see from the January 2016 level and up. To recall, DBS stock traded at the range of $13 plus back in January 2016/February 2016 and this ......