To The Moon

Technical Analysis — $DBS Group Holdings(D05.SI)$

Long-Term Trend

DBS remains in a long-term uptrend, as seen from the higher highs and higher lows over the past year. The overall price structure continues to favour a bullish bias in the bigger picture.

Upcoming Earnings Event

DBS is scheduled to report earnings on 8 May 2025. Volatility may increase leading into and after the earnings announcement.

Current Resistance Zone

Price, currently around 42.97, is approaching the 43.20–44.00 resistance zone. This zone is derived from several technical levels — the 62% Fibonacci retracement at 43.48, along with prior swing highs in this price region. This area may act as a barrier unless strong buying momentum emerges.

Key Short-Term Support

Immediate support lies at 41.30, which is near the 50% Fibonacci retracement level. If the price breaks below 41.30, it may signal a short-term pullback or a deeper correction. The next potential short-term downside target could be towards the 40.00–40.50 region.

Using Daily Leverage Certificates (DLC) for Short-Term Trading

• DLCs provide leveraged exposure (both long and short) for traders seeking short-term opportunities.

• If price sustains above 43.20–44.00 and shows bullish momentum, long DLCs ( $DBS 5xLongSG251023(QARW.SI)$ ) can benefit from a near-term breakout.

• If price faces rejection at resistance or breaks below 41.60, short DLCs ( $DBS 5xShortSG261217(SZWW.SI)$ may profit from potential pullback or correction.

• Capped Maximum Loss. Maximum loss is limited to initial invested capital — no margin call risk. Traders cannot lose more than what they put into the DLC position.

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For more information about DLCs, visit https://dlc.socgen.com/en/education/handbook 

Disclaimer: 

This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.