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DBS lags no more!

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williameng
    03-Nov-2010 19:02  
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Good news! DBS had breached through the $14.00 mark to end at $14.10 when the market closed today.  It looks like the stock market is getting bullish!  Perhaps this is due to the rousing 'pre-GE' story for which many traders would take the advantage and start to buy into government-related counters.  In this case, DBS is naturally a hot favourite blue-chip as its price has been hovering below $14.00 for quite awhile.  I think DBS will shake off its 'laggard' image soon and it should go to the next price target of $15.00.  When will that be?  Awaiting your views....
 
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