Feeling panicky at the drop? Then read this over and over again.
"Leave your emotions at the door before you enter the investment room"
Know your trading plans, accumulate them slowly.
I'm still a fond believer of TA even though SG stocks do not really follow them as much as US stocks do.
Nevertheless, I posted that I DO NOT believe DBS will drop below 30.50, and I still stand on them.
DBS had rise a whooping +10% from July-Sept. And went sideways after. It is normal for a stock to retrace when it went up so much in a short period of time.
DBS is currently down -8% from previous high. I will only change my view if DBS breaks below 30.50, only then I will call it a reversal. (Bearish from then).
Otherwise, accumulate. Dyodd. This is not a financial advice but personal take. Risk management is key (& I am still learning too) š„°
Have a good December !!
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