DBS (technical)

DBS: Trading Central notes the stock recently bounced off from its rising trend line's support and stands well above its 20day and 50 day moving averages. Further more, RSI is turning up after reaching its support area at the 50% level. Believes as long as $14.75 is not broken, share price seems more likely to rebound to $15.70 and $16.10 in extension.