Saturday, July 27, 2019

DBS earnings next week - poised for nasty fall after record earnings to June lows

DBS has been on a steady rise  since our call to the bottom on 3 June 2019


On coming Monday 29 Jul before market opens  , DBS will announce its Q2 earnings .

I expect another record earnings like the last time , but expecting the stock price to have a mute reaction as we are  near big supply  and Friday's Dow close was quite weak.

Expecting a weak gap up on open and then crash big time. Those holding DBS shares or call warrants for a swing or contra trade should do well to unload at open or even better short from open for a quick punt or a big short.

We'll see what happens on Monday. Cheers and cya next week.

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