DBS (technical)

DBS: near term downtrend looks to be strong, evident by the sharply declining key RSI, Stochastic and MACD indicators. See near term support at $16.40 (200 day MA). A break below the 200 day MA would be read as a very negative signal, and could spell the end of the longer term uptrend. Next firm support is at the pscyhological $16.00 level.