TA wise, bearish mode!
I think likely to go down to test 12.17 than 12.00.
DBS Group - local number one bank counter will it rally come Monday with rate likely pause in Sept!
Please dyodd.
Chart wise, bearish mode!
I think likely to go down to revist 12.00 than 11.80.
Please dyodd.
She is going Ex.dividend on 14th August, I think market is giving chance to secure the profit!
She is trading near the peak resistance and it may experience the same selling down price patterns as reflected on the chart!
As interest rate is more or less peak and bank Net Interest Margin likely fall plus bad debts allowance might increase therefore, total Revenue and Net income may be lowered!
US bank already seen Analyst lowering their TP. I think is good ro be cautious!
Not a call to buy or sell!
Please dyodd.
So fast, asking for loan liao!
4.5% seem not bad!
Not a call to buy or sell.
Please dyodd....