DBS share price lost gangbuster form
From $14 in February 2016, DBS share price went on a magnificent gangbuster form to hit a high of $31 in May 2018, representing an increase of more than 100% in two years. The berserk rise of DBS share price certainly created much wealth for shareholders. However, the bullish form was as good as it gets as DBS share price subsequently went through a correction since early May to reach a low of $24.90.
Has the bubble finally burst for DBS share price or should investors keep faith with Piyush Gupta’s team? At the big picture, the business fundamentals have not changed but market confidence have been shaken due to the trade wars currently taking place. Arising from this, data revealed that there were three waves of attacks on DBS share price in the past few months, leading to the loss of form for DBS shares. In this article, the investment merits of DBS are examined.
DBS share price in for a wild ride?
For sure, it had been a roller-coaster ride for shareholders. When you have the sort of volatility like DBS share price is currently having, you are unlikely to sleep well even if you are a long-term …