Posied for Short Term Rebound - DBS

DBS: Technical Rebound

We are expecting DBS to rebound from here after steep sell off as we can see from the chart that DBS is resting at a resistance turned support zone, and trading below the Bollinger band 2x SD lower band, with a bullish hammer pattern.

Expected rebound target at S$26.30-S$26.50.

Disclaimer Applies.

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