Tuesday, 8 January 2013

Singapore Stock Tip: Banks showing weakness still

Dear Friends,

A few weeks back, we mentioned that Singapore Banks may have hit a strong roadblock! We mentioned that UOB resistance is $20, OCBC is $9.80 or $10(major resistance), DBS is $15.

Non of the banks broke out of the major resistances yet, when STI continues to power on these few weeks, even when fiscal cliff is over.

Our last article on Singapore Banks:
 http://www.danielloh.com/2012/12/singapore-banks-have-not-broken-their.html

UOB now is $19.43, who seems the weakest looking at the chart. OCBC is $9.72, DBS is $14.81.

We still maintained our view that you can consider shorting these stocks to maintain a hedge against your bullish position if you are not willing to leave your bullish position.

Rgds
Daniel
www.danielloh.com

958访谈 2018年7月26日:欧美贸易战美国胜利驶到股市大涨!买什么?

·         欧美贸易战美国胜利驶到股市大涨! 道琼斯昨晚闭市在 25414 点,涨了 172 点。 一个月前我们曾经在节目中有说过,道指在 24100 点的时候大家一定要投资,是捡便宜的机会。果然,道指从当时候从 24100 点已经跑了 1300 点。 ...