$DBS 5xLongSG280223(Z5TW.SG)Back to square one for now, but I don’t see this as a reason to panic. The position is back at breakeven after giving back some gains, but that’s just part of the market. Price rarely moves in a straight line, especially after a strong run.

Looking at DBS, I still think the bigger picture hasn’t changed. The latest earnings were solid, with resilient profitability, healthy capital levels and continued shareholder returns. Fundamentally, I don’t see anything that changes my original thesis. What we’re seeing now feels more like short-term profit taking than a deterioration in the business itself.

I’ll continue monitoring how price reacts around these levels. If buyers step back in and the overall banking sector remains firm, I wouldn’t be surprised to see another rebound after this pullback. For now, I’m staying patient and sticking to the original plan instead of reacting to every short-term fluctuation. Sometimes protecting conviction is just as important as taking profits. @Captain's Treasure