DBS Eyes S$50: Key Levels and Trading Tools

$DBS(D05.SI)$ Q2 Earnings Overview

DBS announced its Q2 2025 earnings today. Net profit rose 1% year-on-year to S$2.82 billion, exceeding analyst expectations and supported by higher total income—including stronger trading, wealth, and fee income. While net interest margin eased slightly, DBS maintained its 2025 outlook and declared a total dividend of 75 cents per share (ordinary + capital return)

What is a Cup and Handle Pattern?

  • Chart Pattern Type: Bullish continuation

  • Shape:

    The “cup” looks like a rounded U-shape, showing a period of consolidation followed by a recovery.

    The “handle” is a short pullback or sideways drift after the cup, usually sloping slightly downward.

Cup-and-Handle Pattern & Target Projection

On the chart, DBS exhibits a well-formed cup-and-handle pattern:

  • Cup depth: From the low near S$36.40 to the rim around S$47, the pattern forms a gain of about S$10.60.

  • Measured target:

    $47+$10.60=$57.60

  • Technical momentum may continue toward the S$57.60 region.

DBS Cup & Handle Breakout – What’s Next?

  • DBS has broken above its recent high of S$49.19, a key resistance level from the "cup and handle" breakout zone.

  • The next level to watch is S$50, a psychological round number that may act as short-term resistance.

  • A sustained move above S$50 would reinforce bullish momentum and validate the pattern’s breakout strength.

Using DLCs for Short-Term Trading on DBS

  • Daily Leverage Certificates (DLCs) allow traders to take leveraged positions on short-term price movements.

  • Traders expecting DBS to continue rising may consider Long DLCs (e.g. $DBS 5xLongSG251023(QARW.SI)$ ) to amplify potential upside.

  • For example, a 5x Long DLC would move approximately 5% for every 1% move in the underlying stock (before fees and costs).

  • However, DLCs are designed for short-term trading only due to daily compounding effect.

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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.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • 1PC
    ·08-07
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  • Cup-and-handle breakout confirmed that DBS above $49.19 looks strong. Eyes on $50 next, then $57.60 if momentum holds. 📈💥
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  • Cup and handle breakout! $57.60 target.5x Long DLCs, let’s ride this!
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  • Cup formed, handle done—DBS to S$57 next? I’m all in!
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  • Div + pattern = win. Holding shares, maybe a little DLC boost for fun.
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  • Sounds like a solid analysis
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