DBS (technical)

DBS - Counter appears indicative of further upside, supported by a rising RSI and Sto chastics, while ADX D+ has just gone above ADX D-, indicating the start of an uptrend. The counter has breached pass its 20day MA at $15.75, after successfully bounching off its 200 day MA recently. Next resistance level could be seen at the recent high of $16.22.