$DBS GROUP HOLDINGS LTD(D05.SI)$ Bullish
Technicals on weekly chart:
- Falling Wedge (since 13/02/2023) close to completion + vol contraction, pattern confirmed
- Matured Ascending triangle (from 21/02/2022) + strong vol contraction, pattern confirmed
- last 6, weekly candlesticks supported by 100 days MA, very strong support,
Summary; upward breakout imminent?
Might need some news or strong buying pressure.
Short term target: ~ 32.6
Mid term ceiling: ~ 34-35
If anyone can do a fundamental analysis and/or run a valuation, we will have a good buying call
Disclaimer: investors pls do your due diligence. I own positions thus am biased.
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