Friday, August 2, 2013

DBS (technical)

DBS: Trading Central notes share prices remain in solid recovery mode and also posted a strong bounce from its 20 day moving average support, which has clearly turned up. Regarding technical indicators, RSI is heading upwards, displaying strong bullish momentum. Says to look for a continuation of the rebound to challenge $17.90 (May's top) , followed by $18.70 in extension.

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