DBS

DBS: Trading Central notes the stock is supported by a ST rising trend line, which plays as a key support since Jun '13. Furthermore, the ascending 20-day and 50-day moving averages suggest that the stock still has potential for a rise. In addition, the RSI indicator is bullish and calls for further advance. As long as 16.5 holds on the downside, look for a continuation of the rebound to $17.55, and even to $17.9 in extension.