On Monday, DBS re-test the resistance at $14 and closed at $13.96 with HIGH volume of 8.86 million shares traded.
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 19 white candles and 27 black candles for a net of 8 black candles.
RSI & MACD are bullish as RSI trend upwards.
Immediate Resistance of DBS: $14
Immediate Support of DBS: $13.19
Currently prices are supported by 100/200 days MA at $13.19.
On 11/Apr, prices re-test the critical 100/200 days MA support and rebound strongly.
In fact, prices re-test the critical resistance at $14 with high volume affirms to the bullishness of the DBS.
More rally can be expected if $14 resistance can be breached with high volume.
Stock Chart: DBS! is contributed by : Singapore Stock Information Exchange