Thursday, June 27, 2013

DBS (technical)

DBS: The recent short-term downtrend which started on 13 May see some respite supported by the loss of strength shown from the ADX. For a confirmation on its further upside, the counter would need to close above its 20MA at $16.03. Near-term support is at $15.22, followed by $14.78. Resistance at $16.12.

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