Wednesday, June 26, 2013

DBS (technical)

DBS: Trading Central says near term outlook remains bearish, as the stock has broken below its key ascending trend line, which remained as a strong support since mid-Nov '12. RSI has fallen below its rising support, and remains stuck underneath its neutral area at 50%. With the 20day MA heading down, this calls for a new pullback to $14.75 and $14.30 in extension .

No comments:

Post a Comment