CORRESPONDENCE COURSES
Time to Buy the SG Banks? (OCBC, DBS, UOB?) 🤞😬
Author: Trading Impossible | Joey Choy
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Last week, i released a video on Facebook sharing if the SG Stock market, the STI has indeed bottomed and is it time to buy.
I mentioned that if STI were to dipped to certain levels, one can start nibbling some of the blue chips like the banks etc..
Over the past few days, we have had more than 30k views on the video and dozens of people asking me:
“Hey Joey, so When can i buy DBS? What price you think can enter OCBC?”
If you have not watched the previous “Has the STI Bottomed?” video, click here.
So I thought, why not create a BRAND NEW video now and this time talk about the SG banks.
Yes, UOB, DBS and OCBC specifically.
Over the past 2 months, we have seen the SG banks tanked by closed to 30% as the Covid-19 situation escalated.
Then, about a month back, they staged a solid rebound when governments worldwide came in with economic stimlus..
The Question now is:
““𝑰𝒔 𝒕𝒉𝒊𝒔 𝒕𝒉𝒆 𝑹𝒊𝒈𝒉𝒕 𝒕𝒊𝒎𝒆 𝒕𝒐 𝑩𝒖𝒚 𝒕𝒉𝒆 𝑺𝑮 𝑩𝒂𝒏𝒌𝒔? 𝑰𝒇 𝒊𝒕 𝒊𝒔 𝒏𝒐𝒕, 𝒕𝒉𝒆𝒏 𝑾𝒉𝒆𝒓𝒆 𝒂𝒏𝒅 𝑾𝒉𝒆𝒏 𝒔𝒉𝒐𝒖𝒍𝒅 𝑾𝒆 𝒈𝒆𝒕 𝑷𝒓𝒆𝒑𝒂𝒓𝒆𝒅?”
In this video, I will REVEAL to you if a recovery is on the cards OR if there can STILL be more downside instead for DBS, OCBC and UOB.
(We want to look at key price actions on the charts to determine this).
We will take a quick glance at my system to see if there are any bearish or bullish signals.
More importantly, I will dive into the Charts for each of the 3 banks and break it ALL down for you as we Discover the key levels that you can potentially start thinking about nibbling some for the longer haul rebound…
Like and Share if you found it useful.
Watch Video Here >>> https://www.facebook.com/tradingimpossible/videos/550616219221437/
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