Tuesday, August 20, 2013
DBS (technical)
DBS: near term technical outlook is weak, with the key indicators all sliding and breaking below the neutral levels . Immediate support in the coming days is at $16.50, and a break below that could present further downside.
Share price has turned back down sharply . This suggests more medium term choppiness ahead; expect share price to trade within a wide range between $15.50 to $17.50 .
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