On Monday, DBS got halted and closed at $14.18 with zero shares traded.
A gravestone doji occurred. This often signifies a top (the longer the upper shadow, the more bearish the signal).
RSI & MACD are bearish as RSI trend downwards.
Immediate Resistance of DBS: $14.53
Immediate Support of DBS: $13.97
Currently prices are supported by 50 days MA at $13.97.
Since 20/Feb, prices have been consolidating between the key support at $13.97 and key resistance at $14.53.
The breakout of either direction would decide the future trend of DBS.
We would suggest monitoring the situation and buy/short when DBS goes in either direction in the coming week.
Stock Chart: DBS! is contributed by : Singapore Stock Information Exchange