On Friday, DBS re-test the support at $14.80 and closed at $14.90 with HIGH volume of 6.37 million shares traded.
A flat candle stick with long upper/lower shadow indicates the indecision of the investors on the trend ahead.
RSI & MACD are bullish as RSI trend upwards.
Immediate Resistance of DBS: $14.94
Immediate Support of DBS: $14.80
Currently prices are supported by 20/50/100 days MA at $14.80
DBS under heavy trading volume as bulls and bears fight viciously on Friday.
The critical support at $14.80 remains strong as prices closed above it.
As the resistance at $15.18 is very strong and expect profit taking near level, we would not advise to buy now since there are little meat left.
On Friday, Genting SP re-test the resistance at $2.02 and closed at $1.99 with HIGH volume of 95.09 million shares ...
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