Wednesday, February 21, 2018

DBS: Pushing higher towards next target..... Price 29.14


After hitting a low of 25.00 recently, we have seen a pretty good reversal in DBS with some reversal price action spotted at 25.00 support…


Just last week, we have seen a break above the 27.50 previous high leading to more strength….


Sellers at 28.00 gave way too and we saw our target at 29.00 hit today…


It may be on its way towards the critical 30.00 barring any negative news flow from US markets in the coming weeks.


See target that was drawn last week… Still playing out well for now…





More importantly, the thing is we also had a  1GT BULLISH ENTRY SIGNAL on the PTI SYSTEM recently…


Specifically on 9 Feb 2018 about 2 weeks back….


Just before the rally we have seen even begun….


Looking at a 8.7% GAIN IN 2 weeks and still NO EXITS…….


TO 30.00 NEXT?  We will be watching to see when the exit signal comes out…






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