DBS & UOB - My DCA plan remains intact!

DBS remains on track!

- Still in a tapering controlled sell channel
- Continued testing of lower end of the channel
- 30.50 indeed is one key level as so far, every poke below has bounced back to stay above or start above
- Will continue my tactical Dollar cost averaging between 30.50 and 29.41
- Will see how the basing formation happen too
- Near term resistance is also at 32.12 (unlikely to break above for some time)

UOB remains on track!!

- Has been building on an area of balance (27.74 to 28.47)
- As in all range plays, it will either go into upper or lower range
- So far, it has not broken through 27.74 since mid May
- 27.74 has provided a good support with the possible Inverse Head and Shoulder formation
- A range down would go 27 which basically further reinforces the basing
- So my DCA plan will continue as per planned between 27.74 and 27.01

good luck, all!