DBS

Update for DBS 5 Apr  2014 - DBS had indeed managed to breakout $16.30 on 1st Apr and closed well at $16,37 on the same day. This is rather bullish. It had continued to head higher to close $16.55 on 4th April. Short term more likely to pause/retreat before setting the next direction. Breaking out of $16.70 with high volume that may send the prices higher towards $16.78 then $17.00.(trade base on your own decision)

Update for DBS 23 Mar  2014 - DBS seems to have bounced off from the low of $15.63 on 21st Mar 2014 and closed well at $15.83. Volume is rather high which is generally healthy for supporting the stock prices of heading higher. Crossing over of $16.00 with good volume that may reverse this downtrend. All 3 indicators are showing sign of turning upwards which is rather positive. Short term it may move up to test $16.00 then $16.30.(trade base on your own decision)

Update for DBS 1 Mar  2014 - DBS seems rather weak as indicated from TA point of view. Short term it may continue to go down to test $16.25. ( trade base on your own decision)

Update for DBS 17 Feb 2014 - DBS has indeed managed to cross over $16.57 couple with quite good volume and close well at $16.59. This is rather positive and may support to drive the share prices higher towards $16.80 soon.
(trade base on your own decision) 

Update for DBS 11 Feb 2014 - DBS seems to have bounced off from the low of $16.17 and slowly risen up to close at $16.38 yesterday. Both Stochastic & RSI are showing sign of turning upwards which may help to support the prices from going up. It will need to cross over $16.57 with good volume in order to reverse this downtrend and move up.
(trade base on your own decision)


Update for DBS Group (DBS) 24th Jan 2014 - DBS looks super bearish from TA point of view. Last Friday gap down with slightly high volume is rather negative and closed at $16.67. Short term may continue to trend downwards to $16.30. All 3 indicators are still tuning downwards. No sign of reversal. 
(trade base on your own decision) 
Update for DBS Group (DBS)14th Jan 2014 - DBS has indeed broken out of $17.20 on 8th Jan and closed well at $17.37 on the same day. It has touched the high of $17.49 and retreated a little to $17.23 yesterday. Chart-wise still looking good to move up and clear $17.45 and go higher.
(trade base on your own decision)

DBS Group (DBS) from chartwise the stock remains on the upside, backed by a rising trend line, which plays as a key support . Furthermore, the ascending 20-day and 50-day moving averages suggest that the stock still has potential for a rise. So long  $16.5 is able to hold up well , look for a strong breakout of $17.20 that might send the price go higher to 17.90.
(trade base on your own decision) 

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