DBS -[ Jumped In Before The Breakout Today?]

Another good day out in the markets unless you’re shorting the markets. STI has hit our upside resistance of 3200 which we pointed out in our weekly outlook and close just a point below.

As for the STI component stocks, banks continued its move up with DBS having the largest percentage gain closing in second after dairyfarm.

If you read our article just last Thursday, we mentioned that OCBC and UOB had broke out and ran up but DBS hasn’t done so and it was worth keeping a close look out. True enough the break came today as US closed positive pushing the bulls further ahead. DBS saw a gap up this morning before making a tiny pullback and off it went towards our first target of $31.18! And yes, you guessed right, our EXCLUSIVE CLIENTS were alerted before the breakout! See below for our next target!

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Yours

Humbly

Kelwin&Roy

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