by ckchoy
Bank stocks have good rebounds started around 8 Nov. The rebound last about 3 weeks till now and all of them have successfully breached their mid term resistances. Eg 16.8 for DBS, 9 for OCBC and 19.98 for UOB
Today all the bank counters look to face a short term resistance.
Short term support level to watch: About 17.14 for DBS, 9.01 for OCBC and 20.02 for UOB. If these levels could not be held, it may hint for further pull back to lower levels
Bank stocks have good rebounds started around 8 Nov. The rebound last about 3 weeks till now and all of them have successfully breached their mid term resistances. Eg 16.8 for DBS, 9 for OCBC and 19.98 for UOB
Today all the bank counters look to face a short term resistance.
Short term support level to watch: About 17.14 for DBS, 9.01 for OCBC and 20.02 for UOB. If these levels could not be held, it may hint for further pull back to lower levels
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