On Friday, DBS broke the resistance at $14.24 and closed at $14.32 with LOW volume of 3.62 million shares traded.
A white candle stick with no upper/lower shadow indicates the bullishness of the investors as they have no qualms on buying the stock upwards.
RSI & MACD are turning bullish as RSI perform a sharp uptick.
Immediate Resistance of DBS: $14.50
Immediate Support of DBS: $14.24
Currently prices are supported by 200 days MA at $14.24
Although prices perform a strong buying pressure on Friday but the buying volume is relatively low and the rally is lack of conviction.
Prices remains suppressed under the falling trend line thus we would suggest to wait for $14.50 resistance breakout before entry.
On Friday, Singtel broke the resistance at $2.94 and closed at $2.98 with HIGH volume of 27.47 million shares traded.
Separating ...
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