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Stock Chart: DBS!
By Dou  •  April 2, 2012

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

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By Dou
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