Saturday, June 17, 2023

DBS Group

Chart wise, she is still stucked in a consolidation mode/bearish trend no sign of reversal!

I think likely to see it consolidating till we see a breakout or breaking down situation!

Unless it can reclaim 32.00 in order to reverse this downtrend direction!

Please dyodd.

DBS Group Holdings Ltd. is an investment holding company that engages in the provision of retail, small and medium-sized enterprise, corporate and investment banking services. The company operates through the following business segments: Consumer Banking/Wealth Management, Institutional Banking, Treasury, and Others.

DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation.


Why DBS Corporate Banking​

At DBS, we help clients to realise their full potential and be future-ready. Leveraging our regional connectivity, industry expertise and digital capabilities, we work with corporates to develop customised solutions to help them meet their short-term priorities and long-term strategic goals.​

Backed by AA- and Aa1 credit ratings, we offer a full range of corporate and institutional banking products and services in the markets we operate.​

Chart wise,  bearish mode!

Likely to see further selling down pressure!

From the long and bearish candlestick plus super high volume we may roughly gauge that the selling is more or less done!

Likely to see a technical rebound!

If it can rise up to reclaim 32 then 33.36 level in order to reverse this down trend!

Let's see how it pan out!

Yearly dividend of 1.68. Yield is above 5%. Nice dividend yield.

Pls dyodd.

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